$200 million ADA dumped! Whales dumped the market, Cardano is in danger, and the $1 defense line is about to collapse?
ADA bulls just took a breath, and whales started dumping the market! In the past week, large holders holding 100 million to 1 billion ADA directly sold tokens worth $200 million, as if pressing the panic "nuclear button". Funds flowed out, confidence was frustrated, and the price slid all the way to the $1 support level.
Santiment data shows that the actual profit/loss of the ADA network continued to be positive, and the profit-taking plate escaped and accelerated the selling pressure. This not only allowed whales to lock in profits, but also forced small investors into the abyss of "panic selling". If the key support of $1 is broken, the target is directly aimed at $0.92, and the air force may usher in the next wave of carnival!
However, if the market miraculously breaks through the $1.07 resistance, the bulls can still change their fate and hit the two-year high of $1.34. The long-short duel is imminent, and the real "life and death speed" is here!
Don't be blinded by short-term fluctuations. Brother Tang will teach you how to lock in your target, take every step carefully, and witness the explosion of wealth with a smile! Follow Brother Tang and he will lead you from confusion to freedom!
