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Cardano whales are selling off large ADA holdings amid bearish signals, pushing prices toward key support levels.

Market News
11 Aug 2026
UToday
View Source
Bearish
pluang ai news

Large Cardano (ADA) holders, known as whales, have started selling significant amounts of ADA tokens following recent bearish market signals, including a 'death cross' on key metrics. This coordinated sell-off has caused ADA's price to drop from $0.202 to $0.188, with risks of further decline to $0.170 or even $0.144 if selling pressure continues. The move signals exhaustion of upward momentum and raises concerns about the asset's near-term stability without whale support. Investors should watch for whether buyers can hold key support levels to avoid a deeper correction.

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