Cardano Whales $500 Million ADA Selling To Delay Price Rise To $

Cardano’s price sits at $0.888 at press time, holding slightly above the $0.880 support. However, the current environment suggests a risk of losing this critical level if bearish sentiment intensifies. The vulnerability to downside remains clear as whale selling persists.

Should ADA fall through $0.880, the next key support sits at $0.837. A drop to this level would extend recent losses and may prompt further liquidation from smaller holders, creating additional downward pressure. This could stall ADA’s path to recovery.

Conversely, a successful bounce off $0.880 could open a short-term rally toward $0.931. Flipping this resistance into support would improve market sentiment, enabling ADA to target $0.962. Breaking this barrier would invalidate the bearish thesis and bring Cardano closer to $1.