#CardanoDebate

The main earlier this month to convert previous support levels into pressure points for bullish investors. If the ADA stock fails to maintain its current range, it may lead to further declines towards lower support areas quickly.

According to Santiment chain data, Cardano whales disposed of over 270 million ADA over the past week. This large distribution exacerbates selling pressure and indicates that major cryptocurrency holders may expect further declines, or at least, reduce their exposure amidst macroeconomic instability.

$BTC

BTC

68,523.71

-0.22%

$ETH

ETH

1,990.78

+1.77%

$ADA

ADA

0.2852

+1.60%