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Cardano Whales Offload 180 Million ADA In 5 Days – Smart Profit-Taking?

  • Whales have offloaded over 180 million ADA in the past five days, signaling potential profit-taking or further downtrend.
  • Cardano is currently testing a critical demand zone, determining if the recent recovery is sustainable or a temporary pause in a larger downtrend.
  • ADA is struggling to break above the $0.66 resistance level, indicating bearish sentiment in the face of macroeconomic uncertainty.
  • A move above the $0.75 level is necessary for a bullish reversal and sustained recovery rally for Cardano.

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