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Whales That Sold ADA For Huge Profits on March 2 Are Not Buying Cardano Price Here, Should You?

CoinGape LogoCoinGape11h ago

Whales That Sold ADA For Huge Profits on March 2 Are Not Buying Cardano Price Here, Should You? - CoinGape

Quick Summary:

Cardano whales rapidly sold ADA tokens earlier this month after the price moved past $1 in a rally fueled by President Trump’s announcement of a crypto reserve.

This selling behavior is typical with large addresses where they tend to buy low and sell high.

However, for Cardano price to confirm a recovery, the RSI needs to move back above $50.

More Pictures

Whales That Sold ADA For Huge Profits on March 2 Are Not Buying Cardano Price Here, Should You? - CoinGape (Picture 1)Whales That Sold ADA For Huge Profits on March 2 Are Not Buying Cardano Price Here, Should You? - CoinGape (Picture 2)Whales That Sold ADA For Huge Profits on March 2 Are Not Buying Cardano Price Here, Should You? - CoinGape (Picture 3)Whales That Sold ADA For Huge Profits on March 2 Are Not Buying Cardano Price Here, Should You? - CoinGape (Picture 4)

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Article Details

Author / Journalist: muthoni

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 11:57:52 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 533 words

Reading Time: 3 minutes read

Sentences: 48 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 27172816

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 32 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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: #59

Publisher Details

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The story "Whales That Sold ADA For Huge Profits on March 2 Are Not Buying Cardano Price Here, Should You?" has 533 words across 48 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Whales That Sold ADA For Huge Profits on March 2 Are Not Buying Cardano Price Here, Should You?" was covered 11 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 32 news stories per day.

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

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  • News ID: #27172816
  • URL: https://chronographically.beamstart.com/news/whales-that-sold-ada-for-17423864411568

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