Charles Hoskinson wants to offload 100M in $ADA to buy stablecoins and $BTC — hoping to jumpstart Cardano’s lagging DeFi scene.
hundreds of millions of dollars of ADA changes hands daily. The markets are deep enough to absorb within 30-90 days, using TWAPs, OTCs, and other mechanisms, a 100M sale without moving ADA's price. Probably less than 0.5%