Behind Cardano 15% Correction: Here’s How Much ADA Whales Sold
After a quiet start to 2025, the price of Cardano is finally starting to rise. Consolidating its bullish momentum Start from the previous year. However, the altcoin appears to have suffered a setback, losing nearly 15% of its value over the past week.
While this downturn may be attributed to the uncertainty and drama surrounding Donald Trump’s inauguration, it may also have to do with the movements of large investors over the past week. Here are the sales of Cardano Whale over the past 7 days.
Whales sold $180 million worth of ADA tokens last week
In a recent article published by X Platform, well-known cryptocurrency expert Ali Martinez shared Number of Cardano tokens offloaded by whales over the past week. This is based on changes in wallet holdings from people with 100 million to 1 billion tokens.
It’s worth mentioning that addresses holding tokens of this size are called whales. These entities are considered important because their movements are frequently followed by other market participants.
Crypto whales tend to have a significant impact on markets and prices due to their large holdings of cryptocurrencies. Historically, asset prices tend to move in the direction of these large investors (prices rise during whale accumulation periods and fall during whale selling periods.)
according to MartinezCardano whales have reduced their holdings over the past week, dumping over 180 million ADA tokens in the process. At current market prices, the sale equates to approximately $185 million.
While determining the exact reasons behind the latest whale activity is difficult, it’s not uncommon for whales to lock in profits, especially after price spikes. For context, between January 13 and 17, Cardano price increased by nearly 30% from $0.9 to $1.15.
Additionally, a massive sell-off by whales could signal a shift in investor sentiment, especially if they expect prices to fall in the future. They may try to cash out early to minimize or avoid losses.
Ultimately, whale underweighting is generally not a good sign for an asset (in this case, Cardano) because it increases supply in the open market. Increasing supply and insufficient demand to absorb the sell-off could put bearish pressure on the market Ada price.
Cardano Price at a Glance
As of this writing, the ADA token is worth around $0.97, down more than 1% in the past 24 hours. According to data from CoinGecko, altcoins are down about 15% in the past seven days.
Featured images from Unsplash, charts from TradingView
