Currencies32907
Market Cap$ 2.57T-8.06%
24h Spot Volume$ 89.64B+72.2%
DominanceBTC59.63%+1.33%ETH7.08%-8.30%
ETH Gas3.51 Gwei
Cryptorank
 icon
 icon
 icon
 icon
MainNewsDisturbing N...

Disturbing News for Cardano (ADA) and Chainlink (LINK) Investors: Details


Apr, 04, 2025
2 min read
by Jordan Lyanchev
for CryptoPotato

TL;DR

  • Chainlink and Cardano whales have begun offloading substantial portions of their assets in the past few weeks.
  • Although both altcoins are slightly in the green on a daily scale, their weekly and monthly performances are quite concerning.

Large market participants, known as whales, are a crucial part of the cryptocurrency industry as they can bend prices depending on their behavior – big purchases typically lead to upcoming gains, and vice versa.

In the case of LINK and ADA, these investors were stacking up big time after the US elections in early November and ahead of Trump’s inauguration in mid-January. Their consecutive purchases managed to push LINK above $30 for the first time in over three years, while ADA’s peak during this cycle came at over $1.3.

However, both of those multi-year records came in December. Since then, the two cryptocurrencies, as well as most of the market, have been in a state of a freefall. ADA is down by roughly 50% and sits at $0.66 now, while LINK has slumped by 57% to $13.

These declines could be linked again to whales and their change in attitude. In the case of LINK, they have offloaded more than 170 million tokens in less than a month, which have a whopping USD value of $2.2 billion, according to today’s prices.

According to Ali Martinez, a popular analyst with over 130,000 followers, LINK has now broken a ‘crucial trendline’ that held its price for nearly two years.

The landscape around Cardano is not that much brighter. After the March sell-off, ADA whales kept disposing of their assets by selling another 120 million tokens (valued at $80 million) in just two days at the start of April.

The post Disturbing News for Cardano (ADA) and Chainlink (LINK) Investors: Details appeared first on CryptoPotato.

Read the article at CryptoPotato

Read More

Binance Traders Bet Big on XRP and ADA: Should You Be Worried?

Binance Traders Bet Big on XRP and ADA: Should You Be Worried?

Both assets have actually retraced in the past 24 hours.
Apr, 06, 2025
1 min read
by CryptoPotato
Terrifying Ripple (XRP) Price Predictions During Ongoing Crypto Markets Turmoil

Terrifying Ripple (XRP) Price Predictions During Ongoing Crypto Markets Turmoil

XRP dropped to its lowest mark since November 2024.
Apr, 07, 2025
2 min read
by CryptoPotato
MainNewsDisturbing N...

Disturbing News for Cardano (ADA) and Chainlink (LINK) Investors: Details


Apr, 04, 2025
2 min read
by Jordan Lyanchev
for CryptoPotato

TL;DR

  • Chainlink and Cardano whales have begun offloading substantial portions of their assets in the past few weeks.
  • Although both altcoins are slightly in the green on a daily scale, their weekly and monthly performances are quite concerning.

Large market participants, known as whales, are a crucial part of the cryptocurrency industry as they can bend prices depending on their behavior – big purchases typically lead to upcoming gains, and vice versa.

In the case of LINK and ADA, these investors were stacking up big time after the US elections in early November and ahead of Trump’s inauguration in mid-January. Their consecutive purchases managed to push LINK above $30 for the first time in over three years, while ADA’s peak during this cycle came at over $1.3.

However, both of those multi-year records came in December. Since then, the two cryptocurrencies, as well as most of the market, have been in a state of a freefall. ADA is down by roughly 50% and sits at $0.66 now, while LINK has slumped by 57% to $13.

These declines could be linked again to whales and their change in attitude. In the case of LINK, they have offloaded more than 170 million tokens in less than a month, which have a whopping USD value of $2.2 billion, according to today’s prices.

According to Ali Martinez, a popular analyst with over 130,000 followers, LINK has now broken a ‘crucial trendline’ that held its price for nearly two years.

The landscape around Cardano is not that much brighter. After the March sell-off, ADA whales kept disposing of their assets by selling another 120 million tokens (valued at $80 million) in just two days at the start of April.

The post Disturbing News for Cardano (ADA) and Chainlink (LINK) Investors: Details appeared first on CryptoPotato.

Read the article at CryptoPotato

Read More

Binance Traders Bet Big on XRP and ADA: Should You Be Worried?

Binance Traders Bet Big on XRP and ADA: Should You Be Worried?

Both assets have actually retraced in the past 24 hours.
Apr, 06, 2025
1 min read
by CryptoPotato
Terrifying Ripple (XRP) Price Predictions During Ongoing Crypto Markets Turmoil

Terrifying Ripple (XRP) Price Predictions During Ongoing Crypto Markets Turmoil

XRP dropped to its lowest mark since November 2024.
Apr, 07, 2025
2 min read
by CryptoPotato

Privacy & Cookies Statement

Please read and accept our Privacy Policy & Cookies Statement to continue using our Site. This policy governs your provision of your personal data necessary to access our Site and/or particular services.

I have read, understood, and hereby accept the Privacy Policy & Cookies Statement and accept only essential cookies.