Cardano fell 4% over the past 24 hours, while XRP held nearly flat as whale selling weighed on ADA ahead of a key support test. According to NS3.AI, crypto analyst Ali Martinez said large holders sold more than 110 million ADA over the past five days.

Cardano's daily active addresses also dropped 41.36%, from 27,248 to 15,977. Martinez identified $0.24 as a decisive support level, warning that a break below it could open the way toward $0.21. CryptoQuant analyst Amr Taha said XRP withdrawals have exceeded deposits across exchanges since late August.