A wave of large-scale cryptocurrency sales from whales has triggered a dip in the market, raising concerns about potential future downturns. Over the past 48 hours, notable Dogecoin (DOGE) and Cardano (ADA) whale wallets have dumped substantial amounts of their holdings. DOGE saw a dumping of 200 million tokens by prominent investors, while ADA witnessed significant selling from whales holding between one million and ten million coins. These actions came alongside a general decline in the prices of both cryptocurrencies, highlighting market volatility. Analyst Ali Martinez flagged these large sales on his Twitter, noting that this trend aligns with previous patterns before larger-scale price drops. 200 million DOGE are gone! pic.twitter.com/LB1LEXzINZ – Ali (@ali_charts) September 4, 2025.