Cardano (ADA) Price Prediction: Whale Sells 170 Million Tokens, Open Interest Declines Intensifying Bearish Sentiment
Cardano (ADA) has fallen for the second consecutive day this week, maintaining a bearish trend due to the re-emergence of market risk aversion, as U.S. President Trump extended the tariff suspension period to August 1. Large investors (Whales) have reduced their holdings of 170 million ADA over the past two weeks, indicating that funds are flowing out. Against the backdrop of whale dumping supply, derivative data shows that optimism is declining as traders expect further losses in the market.