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As Cardano whales offload 120 mln, why ADA’s downtrend can continue

AMBCrypto LogoAMBCrypto21h ago

As Cardano whales offload 120 mln, why ADA’s downtrend can continue - AMBCrypto

Quick Summary:

Market participants are selling their ADA as market conditions remain on the low side.

However, the effect of bullish spot market traders would have minimal impact unless other key market sentiments shift in a bullish direction.

Despite the predominant bearish trend in the market, spot market traders have continued to accumulate the asset over the past week.

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As Cardano whales offload 120 mln, why ADA’s downtrend can continue - AMBCrypto (Picture 1)As Cardano whales offload 120 mln, why ADA’s downtrend can continue - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Olayiwola Dolapo

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-05 @ 09:00:28 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 492 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 27599093

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 12 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

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The story "As Cardano whales offload 120 mln, why ADA’s downtrend can continue" has 492 words across 22 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "As Cardano whales offload 120 mln, why ADA’s downtrend can continue" was covered 21 hours ago by AMBCrypto, a news publisher based in United States.

How trustworthy is 'AMBCrypto' news outlet?

AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 12 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #27599093
  • URL: https://beamstart.com/news/as-cardano-whales-offload-120-17438447743591

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