Crypto Whales Dump 100 Million Ada in the Past Week... Ada Down 7% During Trading

Source
Uk Jin

Summary

  • Reports indicate that whales have been selling large amounts of Ada in the market recently.
  • Over 100 million Ada were sold last week, causing significant impact on the market.
  • The current price of Ada has fallen more than 7% during trading due to the selling pressure.

Claims have emerged that cryptocurrency whales have started selling in the market.

On the 17th (local time), Ali Martinez announced via X (Twitter) that "over 100 million Ada were sold last week" and that "whales are cashing out."

As of 7:17 AM today, Ada is trading at $0.7, down 7.27% from the previous day according to CoinMarketCap.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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