Cardano Whales Dump 100M ADA, Price Drops 27%

The Cardano market witnessed significant turbulence as large holders, commonly referred to as whales, dramatically reduced their positions between October 26-29, 2025. Data analyzed by market commentator Ali revealed that wallets holding between 100 million and 1 billion ADA collectively sold approximately 100 million tokens during this three-day window. This substantial divestment represented one of the most concentrated selling episodes in recent Cardano history and directly correlated with the asset’s sharp price decline from $0.88 to $0.64.

The timing and scale of these transactions suggest a coordinated exit strategy among major holders. Market analysis indicates that whale holdings have remained largely flat since mid-October, signaling an absence of new buying activity from these influential accounts. This pattern points to growing caution among Cardano’s largest investors as market uncertainty persists, with the rapid token movement creating ripple effects across the entire ADA ecosystem and undermining retail investor confidence.

Technical indicators paint a concerning picture for Cardano’s immediate prospects. At the time of reporting, ADA was trading at $0.64, with the Relative Strength Index (RSI) reading of 40 indicating weak momentum and subdued demand. While the RSI hasn’t yet reached the oversold threshold of 30, its position below the neutral 50 level suggests continued selling pressure outweighs buying interest. Analyst Ali Martinez, in a recent market update, warned that Cardano ‘may still see one more leg down’ before any meaningful recovery emerges.

Martinez identified the $0.55 level as a critical support zone where increased buying activity could potentially catalyze a price rebound. Should such a bounce materialize, he projected a potential upward move toward $0.74. However, the analyst tempered long-term optimism by noting that a move toward $1.70 would require significantly stronger momentum than currently present in the market. The Moving Average Convergence Divergence (MACD) indicator showed a minor bullish crossover, with the MACD line recently crossing above the signal line, but this tentative signal remains too weak to confirm any meaningful trend reversal.

Institutional sentiment toward Cardano has shown notable deterioration according to recent flow data. CoinShares reported that ADA recorded $300,000 in outflows from crypto investment funds this week, marking a sharp reversal from the $3.7 million in inflows recorded the previous week. This shift suggests that professional investors are temporarily cooling on Cardano amid the current market volatility and whale-driven selling pressure.

Despite the short-term challenges, Cardano received a potential long-term boost through its inclusion in the REX-Osprey Top 10 Crypto Index ETF, as noted by market commentator Mintern. This development could enhance Cardano’s visibility among investors who track regulated financial products and potentially attract new capital inflows once market conditions stabilize. The ETF inclusion represents a significant milestone for ADA’s mainstream adoption, though its immediate impact may be overshadowed by the current whale-driven selling pressure and technical weakness.