What you need to know
Cardano is under bearish pressure.
The whale wallets dumped 100,000,000 ADA within 72 hours. There was a dramatic drop in value and a negative sentiment.
What would happen if ADA falls below $0.60 per share?
There may be a major selling off, which could drive the price to as low at $0.515.
What is the general feeling around? Cardano [ADA] Whales, as well as the price movement, reinforce the bearish outlook.
Followed? crypto expert Shared a post in X noting the fact that Cardano Whale wallets holding 100,000,000 to 1 Billion ADA had dumped more than 100,000,000 tokens over the last 72 hours.
Cardano [ADA] Not only is sentiment turning negative, it has also been impacted by recent whale activities and price movements.
The popular crypto expert On X (formerly Twitter), it was reported that whale wallets with between 100 and 1 billion ADA sold more than 100 millions tokens over the past 72 hours.
The outlook for whales, traders and the economy is bearish
The recent ADA sell-off appears to be the main driver behind its price decline, with the asset posting three consecutive red candles over the past 72 hours.
CoinGlass data shows traders aligned with whales.
ADA’s main liquidation levels at $0.616 are $0.666, with long positions reaching $5.54m and short positions reaching $15.91m, signaling a bearish short-term sentiment.
CoinGlass
ADA Price Action and Technical Analysis
As of press time, it was clear that whale and trader activity had impacted the asset price. The price fell by 1.10% in 24 hours to $0.627.
In the meantime, the market’s participation declined over the same time period as shown by the drop in trading volume of 25%, to $1.17billion.
Following bearish market activity, ADA’s price reached its crucial level of $0.615. This is now a critical point in the life of the asset.
This level has a long history of price reverses on the daily chart. It dates back to the 10th October 2025. This level has been retested more than four time since the 10th of October 2025, with each retest recording a price change.
This time around, however, it appears that the mood is different, as investors and whales have a negative outlook.
TradingView
If ADA can hold the key support again, history could repeat itself. The price may see a noticeable recovery and reach the $0.68 mark.
If the momentum stops and ADA drops below $0.60, a huge sell-off may occur. The price could fall as low as $0.515.
At the moment of writing, ADA’s Average Directional Index is 43.21. It’s well over the 25 threshold, indicating a high level of momentum which could continue the current trend.
Supertrend remains in red above ADA, confirming a downtrend that is persistent and a high level of selling pressure.
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Source: ambcrypto.com
