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Cardano’s rising profits push ADA whales to sell

Cardano’s realized profits surged to 73.33 million USD, causing many large holders or whales to sell their ADA holdings. The resulting 90% drop in whale netflow reflects significant profit-taking by large investors.

With the price at risk of falling to 0.94 USD due to weak support after a breakout retest, improved market sentiment could allow ADA to recover and rise above the 1.03 USD resistance level.

This is community-generated content, not advice from ONUS.
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