Cardano whales have sold over a billion ADA in the past week, indicating further negative movement for the cryptocurrency. Cardano has experienced a significant drop in August and continues to struggle in September. The cryptocurrency is currently trading below $0.26. This selling trend by large ADA holders suggests a lack of faith in the asset’s recovery. The article also mentions the possibility of Cardano dropping in rank below Dogecoin unless there is a significant change.
AI Sentiment: Negative
