Cardano Whales Flee With 50 Million ADA-Is Everyone Panicking Or Is It Just Me?

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Right, so apparently the whales-yes, actual crypto whales, not David Attenborough’s-have decided it’s time to go all Marie Kondo on their ADA stashes. Ali Martinez, who has a superhuman ability to read charts and somehow make this madness sound sensible, dropped a bombshell: whale-sized Cardano dumps. 🐳💸

First, ADA price nosedived like my dreams of being financially responsible-down 4.35% from $0.84. But then, in a truly Bridget Jones move, the coin had a “never give up” moment and staged a comeback. Miraculously clawed back reputation, dignity, and 3.51% in price. Still not quite the Oscars, but we’ll take it. 🍸

What Even Is 50,000,000 ADA? *Checks calculator* Oh.

Ali, with all the drama of a reality show judge, shared a Santiment chart revealing whales chucked 50 million ADA like that gym membership from January. These big wallets range from ‘moderately wealthy’ to ‘buying a small European country.’ And where did ADA go? From $0.84 down to $0.80-just enough of a dip to panic, but not enough for retail therapy.

Next scene: Price reversed course, because ADA absolutely refuses to accept defeat, thank you very much. Up by 3.51%-imagine dramatic montage music here-only for a tiny red candle to show up like a party pooper and nudge it down a bit. At the exact moment I’m typing this and should be arranging my sock drawer, ADA sits at $0.8304. Suspense! 📉📈

50 million Cardano $ADA sold by whales in 48 hours!

– Ali (@ali_charts) September 5, 2025

$0.84: The prize ADA can never win. Every time it tries, something throws tomatoes. Resistance is futile, but our brave coin is still out there assaulting barriers like it’s auditioning for the crypto version of Rocky. 🥊🐧

Grayscale Decides NFTs Are So Last Year

Meanwhile in other news, Grayscale (the institution that wears suits but probably also secretly likes cat memes) decided to file for a Cardano ETF. Yes, ticker GADA, which is what I’ll call my next house plant.

They even submitted an S-1 registration with the SEC for Cardano and Polkadot ETFs together. Probably because two is company, three is a blockchain party. After the wild success of Bitcoin and Ethereum spot ETFs in early 2024, it’s obvious: Grayscale wants a slice of the stiletto-heeled, crypto-pumped action. Honestly, who doesn’t?

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2025-09-05 16:01