Cardano News: Whales Dump 4 Million ADA as Metrics Decline

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Key Insights

  • Recent Cardano news shows that whales sold four million ADA, intensifying downward market pressure.
  • Cardano’s total value locked dropped by 22% this quarter.
  • ETF approval odds for Cardano fell sharply below fifty percent.

Data from analyst Ali indicates that large holders have been exerting significant selling pressure on Cardano over the last week. Wallets containing 100,000 to 1 million ADA have offloaded over 4 million tokens during the span.

The holdings of the whales have been gradually decreasing since mid-October 2025. This follows a short accumulation period that ensued between the end of September and the beginning of October.

Cardano price dropped by approximately 0.7% to approximately $0.53 as of press time. The drop implies that the whales’ activities may have been accompanied by increased selling pressure.

ADA Whale Activity | Source: Ali on X

The increase in holdings was small between September 10 and October 1. The price action attempted to recover the support level at $0.45 during the period. The holdings peaked in the short term on October 5. This is when ADA hit its low at $0.68.

Subsequently, the two metrics decreased. Since October 7, the position of whale addresses has decreased drastically. ADA has started falling toward the $0.53 level by November 5. This coordinated fall indicates profit-taking.

Cardano News: On-Chain Metrics Show Further Weakness

In addition to the Cardano news behavior of whales, the Total Value Locked (TVL) of Cardano has declined dramatically. According to data by Artemis, the TVL of Cardano has fallen to $246.2 million. This represents a drop of 22.1% compared to its levels at the end of August, when it was above $315 million.

The decrease started at the beginning of September. The continuous low highs and lows reflect the position structure of ADA. This shrinkage is an indication that less money is being invested in Cardano-based decentralized apps.

ADA TVL Data | Source: Artemis

Cardano price has dropped approximately 33.7% in the last month. This can primarily be attributed to the contraction of TVL. This confirms that users are withdrawing funds from protocols. The decline in TVL is usually an indicator that there is less value to yield.

Cardano News: Cardano ETF Odds Slide Below 50%

Similarly, Cardano news from Polymarket regarding the possibility of a Cardano ETF in 2025 hints towards a downward direction. A Cardano ETF approval before December 31, 2025, is now at 42%. This is compared to more than 70% in early October.

Such a downturn is indicative of wider uncertainty regarding regulatory clarity for ETFs based on altcoins. The chart shows several unsuccessful attempts to recover the situation since the middle of the year. The mood has changed dramatically downward in late October. This is when ADA has recently corrected its price.

Source: X

According to the data, the number has increased by 32% to exceed 463,000. However, the decreasing odds indicate that traders are hedging against the chances of approval in the near future.

Cardano Price at Important Support

Cardano price is currently trading at about $0.543 on the daily chart. The zone is just above support between $0.50 and $0.54. The level has been used as a structural foundation on several occasions in 2025. Rebounds in May and July occurred at the level.

There is a long-term downward resistance line since the $1.15 -$1.11 region. The turnaround in August triggered the current downward trend. The trend has since moved ADA close to the lower end of its multi-month range of consolidation.

1-day ADA/USDT Chart | Source: TradingView

Looking at performance, ADA decreased 10.85% in the last week and 33.76% in the last month. The token is currently experiencing a year-over-year decrease of 41.12%.

In case the blue-shaded support area does not hold, the next visible demand area is about $0.45. This is where the last test was conducted in June 2025. On the other hand, a rebound would be met with instant opposition near 0.60 and upper supply would be vigorous near $0.75-$0.80.

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