{"id":7460,"date":"2023-06-07T16:41:55","date_gmt":"2023-06-07T16:41:55","guid":{"rendered":"https:\/\/www.bitrabo.com\/community\/are-large-investors-selling-their-ada-holdings\/"},"modified":"2023-06-07T16:44:19","modified_gmt":"2023-06-07T16:44:19","slug":"are-large-investors-selling-their-ada-holdings","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/are-large-investors-selling-their-ada-holdings\/","title":{"rendered":"Are Big Investors Selling Their Cardano (ADA) Holdings?"},"content":{"rendered":"\n
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More than 80% of Cardano (ADA) addresses are currently showing a loss, and several major investors seem to be selling their holdings. Since reaching its all-time high in September of 2021, ADA has been on a downward trend for the past 21 months with only four of those months ending positively.<\/p>\n

<\/span>Over 80% of Cardano Addresses Are in Loss<\/strong><\/span><\/h2>\n

Currently, 3.67 million Cardano addresses show a loss, accounting for 83% of all Cardano addresses while only 11.44% of addresses can be sold at a profit with a further 4.95% having no gain or loss.<\/p>\n

In & Out The Money indicator by IntoTheBlock<\/a><\/figcaption><\/figure>\n

<\/span>Rapidly Increasing Transactional Volume <\/strong><\/span><\/h2>\n

Despite the increasing transaction volume, the price of ADA continues to fall, indicating large selling in progress, possibly due to panic selling as the US Securities and Exchange Commission (SEC) recently labelled Cardano as a security in the Binance lawsuit.<\/p>\n

\"Transaction
Transaction volume of ADA from IntoTheBlock<\/a><\/figcaption><\/figure>\n

<\/span>Large Investors Drop From 158 to 142<\/strong><\/span><\/h2>\n

The number of major investors owning ADA has fallen from 158 to 142, representing 3% less of the total token supply and indicates some large investors have sold their tokens to a wider public and that the supply is now owned by retail investors.<\/p>\n

\"Cardano
Cardano concentration of whales, large investors, and small investors from IntoTheBlock<\/a><\/figcaption><\/figure>\n

<\/span>Daily Active Addresses Increased Sharply in Last Seven Days<\/span><\/h2>\n

Active ADA addresses have increased by around 41.5% in the last seven days, a signal that the Cardano network is presently very active, shepherding Total Value Locked (TVL) to yearly highs by means of DeFi activities.<\/p>\n

\"Daily
Daily active ADA addresses from IntoTheBlock<\/a><\/figcaption><\/figure>\n

<\/span>Total ADA Addresses Also Continue to Grow<\/span><\/h2>\n

The total number of Cardano addresses is continuously rising, likely due to new investors acquiring Cardano for the first time, though it could also be due to addresses being used for diversification purposes.<\/p>\n

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Learn more about Cardano staking here.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

\"Number
Number of ADA holders by IntoTheBlock<\/a><\/figcaption><\/figure>\n

<\/span>Twitter Sentiment Towards Cardano Remains Mostly Positive<\/span><\/h2>\n

Except for around 1,500 negative tweets, the mood on Twitter towards ADA is mostly positive, with roughly 12,431 positive tweets.<\/p>\n

\"Twitter
Twitter sentiment on ADA by IntoTheBlock<\/a><\/figcaption><\/figure>\n

If you have anything to say about Cardano (ADA) or anything else, write to us or join the discussion on our Telegram channel.<\/a> You can also find us on TikTok<\/a>, Facebook<\/a>, or Twitter<\/a>.<\/p>\n

For the latest <\/strong>Bitcoin<\/strong> (BTC) analysis from Bitrabo, <\/strong>click here<\/strong>.<\/p>\n

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<\/span>Disclaimer<\/span><\/h3>\n

This analysis article is for informational purposes only and should not be considered financial or investment advice, in line with Trust Project guidelines. Although Bitrabo offers accurate and unbiased reporting, market conditions can change without notice. Always conduct your own research and consult with a professional before making any financial decisions.<\/p>\n<\/div><\/div>\n