Cardano Whales Dump $180 Million ADA: Analyzing Market Impact

A recent surge in Cardano (ADA) price has prompted large institutional investors, known as whales, to offload approximately $180 million worth of ADA. This move suggests a shift in their investment strategies, potentially driven by profit-taking actions in the volatile cryptocurrency market. 📈 However, the sell-off also highlights the significant influence that whale activity can have on market dynamics.