A significant sell-off by Cardano whales saw over 350 million ADA tokens liquidated in early October 2025, potentially impacting the cryptocurrency market’s stability. This move triggered a sharp decline of around 20% for ADA prices, pushing them below the critical support level of $0.70. No official comments from key Cardano executives have been released yet. 350 million ADA was withdrawn by whales, leading to increased market volatility and price depreciation. Experts believe this event highlights the impact of whale activity on the Cardano market, potentially raising wider concerns about volatility within the crypto sector, including its impact on Bitcoin and Ethereum prices.