Cardano$ADA holders are not selling

Data on the mean coin age (MCA) shows that long-term holders have started accumulating again after a short period of selling. This is important for reversing the negative trend of recent months. LTH control a significant portion of the circulating supply of Cardano, and their decision to hold coins can significantly impact the price.

This shift in sentiment among long-term holders creates a more stable market environment for ADA. Their actions play a key role in support, as the stability of LTH usually stabilizes the price of Cardano.

The MVRV Long/Short difference is currently at a neutral level. This indicates that neither long-term nor short-term holders are making a profit. This is important, as short-term holders are not yet in profit, which typically keeps them from selling and causing a price drop.

When both groups of holders take a neutral position, selling pressure decreases, which helps stabilize the price. This creates favorable conditions for Cardano, as neither group is eager for mass selling that could lower the price.$WCT $DF