Cardano Whale Selling Continues to Weigh on ADA Price

Despite a recent price increase, Cardano's technical structure remains weak across multiple timeframes. Whale behavior has not changed for nearly three weeks, continuing to suppress any meaningful recovery momentum for the altcoin.

The large holder selling activity is a significant concern, as it historically precedes broader market declines. Smaller investors interpret whale exits as a bearish signal, which can further exacerbate price pressure.