Over 200 Million ADA Transferred by Whales: Community Reactions Unfold

A recent analysis of on-chain data reveals a significant transfer event involving Cardano (ADA) native coin, with hundreds of millions of ADA coins moving from large wallets. Crypto analyst Ali Martinez highlighted the transaction through an interactive chart showcasing how it impacted the ADA price. The chart depicted a decline in ADA price after large whales selling nearly 200 million ADA during March.