Cardano Whales Sell $480M Amid ETF Push and Bullish Technical Signals

Cardano (ADA) has experienced significant on-chain activity as whale holders offloaded 530 million ADA tokens within a 48-hour period, equivalent to approximately $480 million at current pricesCan Cardano’s ADA Price Recover After Recent Whale Sell-Offs?^[3]. This mass sell-off has raised concerns about short-term price pressure, though bullish technical indicators and institutional developments suggest a potential rebound. The recent approval of an ADA-inclusive ETF by the SEC, coupled with strong on-chain metrics, has reinforced optimism among analysts.

Whale activity remains a focal point for market observers. While the recent 530 million ADA offload represents a notable outflow, historical whale accumulation patterns indicate continued long-term confidence. Over the past month, large holders have added over 40 million ADA, with Santiment data showing a 1% weekly increase in addresses holding 10 million+ tokensADA Price Prediction 2025: Technical Strength and Whale Activity^[4]. This accumulation aligns with broader technical strength, as the Chaikin Money Flow (CMF) indicator has shown rising inflows, validating bullish momentumCardano Price: Will 40% Breakout Finally Push It Past $1?^[1].

Technical analysis further supports a potential price recovery. Cardano’s price has tested a critical $1.00 level multiple times, with a breakout above this threshold potentially unlocking a 35–40% rally toward $1.31–$1.35Cardano Price: Will 40% Breakout Finally Push It Past $1?^[1]. A cup-and-handle pattern on the price chart, with a neckline near $0.95–$1.00, suggests a bullish continuation if buyers can secure this zone. Additionally, the TD Sequential indicator has flashed a buy signal, indicating a possible reversal in the recent downtrendCardano Price: Will 40% Breakout Finally Push It Past $1?^[1]. Retail participation, as measured by On-Balance Volume (OBV), has also shown renewed upward momentum after a brief consolidation phaseCardano Price: Will 40% Breakout Finally Push It Past $1?^[1].

Institutional developments are amplifying the bullish case. The launch of Grayscale’s Digital Large Cap Fund ETF, which includes ADA, marks a milestone for mainstream adoption. This ETF, approved by the SEC, could attract new capital to the Cardano ecosystem, particularly from institutional investors seeking exposure to major cryptocurrenciesCan Cardano’s ADA Price Recover After Recent Whale Sell-Offs?^[3]. Meanwhile, the network’s staked value remains robust, with over 21 billion ADA (worth $18 billion) locked in staking pools. This high level of staked assets, if counted as total locked value (TVL), would position Cardano second only to EthereumCardano Price: Will 40% Breakout Finally Push It Past $1?^[1], underscoring strong network participation and reducing downside risk.

Market participants are cautiously optimistic but remain wary of volatility. A failure to hold above $0.85 could invalidate the current bullish setup, while macroeconomic factors—such as central bank rate decisions—could trigger short-term sell-offsCardano Price: Will 40% Breakout Finally Push It Past $1?^[1]. However, the convergence of whale accumulation, technical buy signals, and institutional adoption creates a compelling case for a sustained rally. Analysts emphasize the importance of monitoring on-chain metrics and global market sentiment to assess the trajectory of ADA’s price action.