Explosive News! Cardano (ADA) 5.21 Major Announcement Shocks Exposure! $900 Million Withdrawal Wave + $600 Million Treasury Turmoil!
🚨 Massive Withdrawals Incoming!
Since the beginning of this year, ADA worth over $930 million has been withdrawn from exchanges, showing that long-term investors are brimming with confidence, seemingly gearing up for the next bull market. Looking back at the same pattern in 2021, ADA soared to an all-time high, worth keeping a close eye on.
🌍 Innovation Storm Sweeps Europe GITEX!
The Cardano team appeared at the Berlin GITEX conference, focusing on digital identity, AI integration, blockchain education, and data transparency, demonstrating their determination to lead the practical application of blockchain.
⚠️ $600 Million Treasury Cloud of Doubt Emerges!
The latest audit revealed that only $7 million has been received, raising community concerns about financial transparency and governance, calling for the officials to provide a reasonable explanation and to reform fund management.
📉 Price Alert: Key Support at Risk
ADA is currently hovering at $0.73, and a drop below $0.72 will test the $0.676 support. The short term remains bearish, but the market is still optimistic about a potential breakout above $1 in the coming month, especially with the backdrop of active DeFi and economic recovery.
🔥 Summary: Through Wind and Rain, the Future of Cardano Looks Promising!
Despite facing funding and market pressure, Cardano's technical roadmap and community strength remain robust. In the coming weeks, ADA holders will welcome significant developmental milestones, so stay tuned!