Cardano (ADA) Price Faces Pressure as Whales Dump Almost 200 Million Coins in a Week ⋆ ZyCrypto

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Cardano’s ADA traded fairly flatly on Saturday, extending its week-long consolidation phase amid a brief market pause following President Trump’s inauguration.

Leading the lull has been Bitcoin, which has been hovering between $105,000 and $106,000 for the past five days, facing multiple rejections below the $107,000 threshold.

Notably, amid the market’s pause, some analysts, anticipating a pullback, have been trimming their holdings, with the Cardano community standing out. On Friday, popular crypto analyst Ali Martinez highlighted this development, tweeting, “Whales have sold more than 180 million ADA over the past week.”

This wave of selling comes despite strong network activity, with Cardano’s daily active addresses reaching a new high of 50,828 earlier this week.

Interestingly, the shift in whale behavior contrasts sharply with the sentiment…

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