Opponents fear potential selling pressure due to the public announcement of the amount, which could cause excessive declines, and they prefer to focus on launching stablecoins backed by crypto covers instead of liquidating ADA.

📉 Technically:

The price dropped from ~$0.688 to ~$0.625 before rebounding to ~$0.641. Currently, there are support channels at ~$0.622–0.636, while the resistance level at ~$0.645 stands as an obstacle to full price recovery.