Recent on-chain data reveals that **Cardano (ADA)** whales have offloaded a staggering **120 million ADA** in just two days, contributing to the token’s recent price drop. Here’s what you need to know:
### **📊 Key Market Movements**
- ADA started last week at **$0.70** (March 29) but dipped to **$0.61** by April 3.
- Currently trading at **$0.6607** (up **1.45%** in 24h, but down **5.92%** over the week).
- **Whale sell-off**: Addresses holding **1M–10M ADA** reduced holdings from **5.84B to 5.71B ADA**, per analyst **Ali Martinez**.
### **🐋 Whale Activity & Retail Shifts**
- **Hodlers (1+ years)**: Minor **-0.22%** decrease.
- **Cruisers (1-12 months)**: **+6.77%** increase.
- **Traders (<1 month)**: Sharp **-16.36%** drop.
- **Whale concentration**: Down **1.68%**, now holding **8.48%** of supply.
- **Retail dominance**: **71.17%** of ADA supply.
### **💼 Institutional Demand Remains Strong**
Despite retail volatility, **institutional inflows** into ADA **ETPs** continue:
- **$0.6M** inflows (week ending March 31).
- **$63.3M** total inflows in March.
- **$70M** total institutional inflows in 2025 so far.
- **Total AUM in ADA ETPs**: **$121.2M**.
### **🚀 Bullish Predictions for ADA’s Future**
Millionaire analyst **Alex Becker**, once skeptical of ADA, now includes it in his **top 8 coins** for **15x growth by 2026**. Reasons:
✅ **"Fast as hell" network**
✅ **One of the most decentralized blockchains** (next to Ethereum)
✅ **Price target**: **$3–$5** in the next cycle
### **🔍 What’s Next for ADA?**
- Short-term volatility may persist due to whale movements.
- Long-term outlook remains **bullish**, backed by institutional interest and strong fundamentals.
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*(Disclaimer: Not financial advice. Always DYOR before investing.)*
