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

📉 From a technical perspective:

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