【Market Update】ADA whales sell 50 million tokens as price falls for five straight weeks
According to Santiment data, ADA whales holding 10 million to 100 million tokens have sold approximately 50 million since November 4, signaling weakening confidence. ADA is currently trading around $0.1748, down more than 9% last week and closing lower for five consecutive weeks. The RSI is nearing 30 and the MACD is slightly negative, with selling pressure still prevailing. Whales are still selling—can ADA hold steady?
$ADA $BTC $ETH
#币安广场 #ADA #Cardano
(Source: CoinJournal)
⚠️Risk warning: The above is shared for market information only and does not constitute investment advice. Investing involves risks; please exercise caution when entering the market.
According to Santiment data, ADA whales holding 10 million to 100 million tokens have sold approximately 50 million since November 4, signaling weakening confidence. ADA is currently trading around $0.1748, down more than 9% last week and closing lower for five consecutive weeks. The RSI is nearing 30 and the MACD is slightly negative, with selling pressure still prevailing. Whales are still selling—can ADA hold steady?
$ADA $BTC $ETH
#币安广场 #ADA #Cardano
(Source: CoinJournal)
⚠️Risk warning: The above is shared for market information only and does not constitute investment advice. Investing involves risks; please exercise caution when entering the market.
