Cardano Price Eyes Brutal Plunge: Could Mysterious 150,000,000 ADA Transfer Be Trigger?

Cardano Price Eyes Brutal Plunge: Could Mysterious 150,000,000 ADA Transfer Be Trigger?

Source: UToday

Published:16:03 UTC

BTC Price:$89615

#Cardano #ADA #Bearish

Analysis

Price Impact

High

A mysterious transfer of 150,000,000 ada ($63.3 million) between unknown wallets during a weak market can be interpreted by traders as a precursor to selling, rotating, or repositioning by a whale, leading to significant market concern and downward price pressure. the price already slipped immediately after the transfer.

Trustworthiness

High

The transfer size and timing are reported by whale alert, a reputable source for on-chain transactions. the immediate price reaction and market interpretation align with typical whale activity analysis.

Price Direction

Bearish

The article states cardano's price 'eyes brutal plunge,' the daily chart is 'already pointing down,' and ada has been on a 'slide since early october.' the large transfer amplifies bearish sentiment, with a potential break below $0.41 leading to $0.38-$0.40.

Time Effect

Short

The immediate price slip occurred within 15 minutes of the transfer. while potential further actions by the whale could have a longer-term effect, the initial, described impact is short-term.

Original Article:

Article Content:

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Cardano's Wednesday session took a hit after a 150,000,000 ADA transfer — about $63.3 million — moved between two unknown wallets, as reported by Whale Alert . Advertisement The market noticed the size, the timing and the fact that it came during a slow trading stretch. As a result, in the next 15 minutes, ADA price slipped from about $0.421 to $0.414 on shorter time frames before settling near $0.417-$0.418. The daily chart was already pointing down. ADA has been on a bit of a slide since early October, moving from the $0.95-$1.05 range into a decline that stretched through November. This close near $0.417 keeps the Cardano token inside that same path, where each bounce fades quickly and buyers do not hold ground for long. HOT Stories 4 Reasons Why XRP Matters Named by 21Shares as New XRP ETF Wins SEC Approval Morning Crypto Report: XRP Loses 89% in Fee Revenue, Satoshi Nakamoto Appears at New York Stock Exchange, Bitcoin Rockets 3,065% in Liquidation Imbalance Strategy Might Sell Bitcoin, CEO Says Crypto Market Prediction: Ethereum (ETH), King of Altcoins, Is Back; Is XRP Ready for Price Jump? Shiba Inu (SHIB) Fails First Resistance Test ADA/USD by TradingView The transfer is now the main topic of conversation. When a holder moves 150 million ADA during a weak stretch, traders naturally assume the wallet may be preparing options — selling, rotating or simply positioning for whatever comes next. We do not have any solid confirmation, but it is rare for major players to move funds of this size without a clear reason. Advertisement Cardano's December history does not offer much relief The month looks strong in the numbers because of one exceptional year, while most Decembers were mild or negative. With ADA near multimonth lows, the market is more willing to think this month could be quieter than usual. You Might Also Like Wed, 12/10/2025 - 13:01 37,655% Jump in Cardano Activity as Open Interest Rises, What's Next? By Tomiwabold Olajide If ADA breaks below $0.41, the chart shows it heading toward $0.38-$0.40, which was the support zone in November. Keeping the current range helps stabilize prices, but if there is more activity on the wallet, traders might see it as an early sign of selling and adjust their positions. Advertisement #Cardano #Cardano News