$ADA Cardano (ADA) is currently facing pressure from large investors — whales, who are keeping prices around $0.61 without clear support.

Key points:

- Whale wallets holding between 10 million and 100 million ADA control 35.60% of the total supply, making them the main driving force in the market.

- Sales began when the price returned to their cost basis, leading to a drop to $0.61.

- Although whales bought the dip, the price is still below their average cost, creating a risk of further sell-offs.

- Technical indicators, such as RSI, are approaching the oversold zone, but trading volume and buyer support remain weak, showing a lack of market momentum.

- In the futures market, leverage levels have decreased, speculative interest has fallen, and funds are in wait-and-see mode.

Possible consequences: if whales continue to sell off, the price of ADA could drop further, complicating the achievement of the $1 target and testing the support level at $0.61.