Cardano whale verkoopt miljoenen tokens, ADA koers daalt – wat gaat Cardano doen?

A Cardano whale's sale of 70 million ADA tokens caused a significant price drop exceeding 20% within 48 hours, pushing the price to $0.9352 near critical support. Traders are concerned about increasing selling pressure and potential further declines. This sell-off impacted Cardano's market capitalization and several key metrics. The Stock-to-Flow ratio and MVRV ratio both decreased, indicating declining investor confidence. Derivatives market signals, including Funding Rates on Binance and DYDX, also showed bearish sentiment. While support at $0.8335 could trigger a technical rebound, a sustained recovery depends on halting whale selling and renewed buyer interest. Short-term recovery seems challenging given the current bearish momentum. The article then promotes three alternative cryptocurrencies—Wall Street Pepe (WEPE), Solaxy (SOLX), and Best Wallet (BEST)—currently in presale, suggesting they might offer better prospects than Cardano in the short term due to their fixed presale prices. These projects offer various benefits, from community support and educational resources to improved blockchain scalability and a comprehensive crypto ecosystem. The presales offer limited-time discounted pricing.