ADA Defies $140M Whale Exodus – Key Support Holds Strong

Whales dump $140 million in ADA – and the market barely flinches. Cardano's foundation holds firm against the selling pressure, proving once again that crypto moves on its own defiant rhythm.

Behind the Numbers

That sell-off wasn't small change – it represented a massive liquidity event. Yet ADA's price stability suggests either deep market absorption or sheer trader indifference. Either way, it held.

Market Mechanics at Play

Key support levels didn't just hold – they shrugged. No panic, no cascade. Just cool-headed consolidation while whales cashed out. Classic crypto resilience meets calculated risk-taking.

Looking Ahead

If ADA can stomach a $140 million hit without crumbling, it signals underlying strength – or perhaps just how numb traders have gotten to big moves. After all, in crypto, a nine-figure sell-off is just another Tuesday.

The ADA price is grappling with heavy whale offloading, with over $140 million worth of Cardano sold in the last two weeks. While ADA price today hovers around $0.8775 near crucial support, the bullish demand appears fragile, leaving the market at a decisive crossroads for September’s direction.

ADA Price Tests Crucial $0.8775 Level

At the time of writing, ADA price USD is trading at $0.8775, holding slightly above a vital support level. This zone has acted as a key pivot in previous Cardano price chart structures. 

However, current bullish momentum is noticeably weaker compared to other major altcoins, mainly due to persistent whale offloading over the past fortnight.

Whale Offloading Keeps Cardano Crypto Under Pressure

The Data shared by analyst Ali Martinez shows that whales have dumped more than 140 million ADA in the last two weeks.

Such consistent selling often weighs on sentiment, preventing the ADA price from joining the strong rallies seen in other altcoins. Still, despite this pressure, the market structure remains intact, with no major breakdowns so far.

Whales are booking profits, selling over 140 million Cardano $ADA in the last two weeks! pic.twitter.com/tpeGHmWb0O

Looking ahead, the $0.80 level is emerging as the critical line that could determine the ADA price prediction for the coming weeks. 

As a decisive breach below this threshold WOULD likely trigger a stronger bearish phase. However, as long as this support holds, the broader trend structure continues to lean bullish, even amid ongoing selling from whales.

ADA Price Prediction Sees Recovery Toward $1.10 if Demand Returns

Now, the daily chart suggests that if the current offloading trend proves short-lived and whales return with renewed demand, then the odds for ADA crypto to regain its bullish momentum would be high. 

A rebound from the current level could drive ADA price back toward $1.10 in September, marking a recovery from the current consolidation phase. Until then, the market stays cautiously bullish while monitoring whale activity closely.