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Cardano Whales Are Jumping Ship? Is It All Over For ADA Price?

  • Cardano (ADA) price surged to new highs, but whales have started shedding their holdings, causing a 90% plunge in ADA's large-holder netflow.
  • Technical analysis indicates that ADA's uptrend may be losing steam, with potential support levels around $0.94 and resistance at $1.15.
  • The market outlook for Cardano in 2025 depends on sustained buying pressure from retail and smaller institutional investors, as whales exit their positions.
  • Investors should be cautious and monitor key resistance and support levels as the market reacts to these dynamics.

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