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Cardano’s Large Transaction Volume Drops, Signaling Reduced Whale Activity

  • Cardano's large transaction volume has dropped, indicating reduced whale activity.
  • The MVRV ratio has declined to -61.25%, suggesting increased unrealized losses for ADA holders.
  • Technical analysis signals a potential drop to $0.30, with $0.40 as a bullish target if $0.35 is breached.
  • ADA's price has followed the decline in whale interest, currently at $0.33, leading to a bearish outlook.

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