{"id":16329,"date":"2025-03-05T16:46:58","date_gmt":"2025-03-05T16:46:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16329"},"modified":"2025-03-05T16:46:58","modified_gmt":"2025-03-05T16:46:58","slug":"did-cardano-whales-cash-out-on-president-donald-trumps-crypto-reserve-news","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16329","title":{"rendered":"Did Cardano Whales Cash Out on President Donald Trump\u2019s Crypto Reserve News?"},"content":{"rendered":"<div>\n<p>Cardano whales might have sold on Sunday Trump Crypto Reserve News at $1.15. ADA price remain bullish but momentum is fading.<\/p>\n<p><span data-preserver-spaces=\"true\">Cardano, Solana, XRP, and other<\/span><span data-preserver-spaces=\"true\"> \u201c<\/span><span data-preserver-spaces=\"true\">valuable altcoins<\/span><span data-preserver-spaces=\"true\">\u201d <\/span><span data-preserver-spaces=\"true\">could form part of the United States crypto reserve if Donald <\/span><span data-preserver-spaces=\"true\">Trump\u2019s<\/span><span data-preserver-spaces=\"true\"> post on Truth Social is anything to go by. Following this news, crypto prices ticked higher, lifting the total crypto market valuation above the $3 trillion mark. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> happened on Sunday. Fast-forward three days, and most altcoins are back in the red, struggling against a wave of selling seen <\/span><span data-preserver-spaces=\"true\">on March 3<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">What\u2019s Going on With ADA Crypto? Did Cardano Whales Cash Out?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">It is now emerging that when Cardano (ADA) prices rose on Sunday due to Donald <\/span><span data-preserver-spaces=\"true\">Trump\u2019s<\/span><span data-preserver-spaces=\"true\"> endorsement; whales<\/span><span data-preserver-spaces=\"true\">\u00a0took the opportunity to distribute their coins. ADA whales sold their holdings in simple terms<\/span><span data-preserver-spaces=\"true\">, forcing prices lower on March 3 and possibly slowing the expected recovery to new March 2025 highs.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to Santiment, a blockchain analytics platform, the number of large ADA transactions involving addresses holding over $100,000 worth of the coin <\/span><span data-preserver-spaces=\"true\">r<\/span><span data-preserver-spaces=\"true\">ose to a three-month high on Sunday, March 2.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f433.png\" alt=\"\ud83d\udc33\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Cardano&#8217;s brief, major breakout to $1.13 came in tandem with the most whale activity in over 3 months. The sudden jump in $100K+ transfers sparked a drop in the average age of <a href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$ADA<\/a> sitting in wallets, indicating a rise in tokens now back in regular circulation on the network. <a href=\"https:\/\/t.co\/bGliMmEesx\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/bGliMmEesx<\/a><\/p>\n<p>\u2014 Santiment (@santimentfeed) <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/1896978576962150774?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">March 4, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">As mentioned, while ADA prices rallied on this news, Santiment analysts note that prices retreated nearly 20% from their peak, sparking speculation about whether whales capitalized on the news to offload their holdings.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Whales are usually closely monitored. They can influence price and sentiment since they control large amounts of the coin<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For example, if whales begin sending coins to exchanges, it could suggest they are uncertain about the future and looking to cash out. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Conversely,\u00a0<\/span><span data-preserver-spaces=\"true\"><span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">doubling down, increasing their holdings, and participating in <a href=\"https:\/\/99bitcoins.com\/news\/from-meme-to-market-leader-pepetos-journey-to-redefine-meme-coins-as-presale-eyes-5-million\/\" target=\"_blank\" rel=\"noopener\">DeFi<\/a><\/span>\u00a0can <\/span><span data-preserver-spaces=\"true\">be interpreted<\/span><span data-preserver-spaces=\"true\"> as confidence that prices will recover.<\/span><\/p>\n<h2>ADA Price Bullish But Upside Momentum Dropping<\/h2>\n<p><span data-preserver-spaces=\"true\">If <\/span><span data-preserver-spaces=\"true\">Santiment\u2019s<\/span><span data-preserver-spaces=\"true\"> findings are accurate, the question remains: Were whales cashing out and planning to re-enter at lower prices, or are they expecting protracted losses in the coming months and exiting at highs?<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">From the ADA daily chart, the coin is within a bullish breakout formation. Although prices recoiled on March 3, the uptrend from March 2 remains intact. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Specifically, ADA is still within the bullish breakout formation from Sunday, validating the uptrend set in motion in November 2024 when Donald Trump emerged as the winner of the hotly contested General Election in the United States.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/www.tradingview.com\/x\/mxIACI0q\/\" width=\"1499\" height=\"859\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/symbols\/ADAUSD\/\" target=\"_blank\" rel=\"nofollow noopener nofollow\">ADAUSDT<\/a>)<\/p>\n<p><span data-preserver-spaces=\"true\">Technically, ADA has a ceiling of $1.35. <\/span><span data-preserver-spaces=\"true\">If bulls build on the momentum of March 2 and prove the whales wrong, ADA may march toward new 2025 highs in a welcome buy-trend continuation formation.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Decentralizing and Grayscale Cardano Endorsement<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Presently, Cardano is decentralizing as it fully transitions to the Voltaire era.\u00a0<\/span><span data-preserver-spaces=\"true\"><span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">The Cardano constitution was\u00a0<a href=\"https:\/\/adastat.net\/governances\/8c653ee5c9800e6d31e79b5a7f7d4400c81d44717ad4db633dc18d4c07e4a4fd00\" target=\"_blank\" rel=\"noopener nofollow\">ratified<\/a> in late February\u00a0<\/span>following a governance vote on the Conway Genesis\u2014the first time this has <\/span><span data-preserver-spaces=\"true\">been done<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The Cardano constitution effectively acts as a<\/span><span data-preserver-spaces=\"true\"> \u201c<\/span><span data-preserver-spaces=\"true\">social contract<\/span><span data-preserver-spaces=\"true\">\u201d <\/span><span data-preserver-spaces=\"true\">for the entire ecosystem, providing a dependable framework for the community to participate in governance. <\/span><span data-preserver-spaces=\"true\">ADA holders can help manage the Cardano Treasury and shape how the network evolves.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">As of 1\/6\/2025, GSCPxE\u2019s Fund Components were a basket of the following assets and weightings. <br \/>As a result of the rebalancing, Sui <a href=\"https:\/\/twitter.com\/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$SUI<\/a> has been added.<a href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$SOL<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$ADA<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24AVAX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$AVAX<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$SUI<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24NEAR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$NEAR<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24DOT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$DOT<\/a><br \/>Important disclosures: <a href=\"https:\/\/t.co\/kxdodVbS4S\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/kxdodVbS4S<\/a> <a href=\"https:\/\/t.co\/qsmHbPG4ED\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/qsmHbPG4ED<\/a><\/p>\n<p>\u2014 Grayscale (@Grayscale) <a href=\"https:\/\/twitter.com\/Grayscale\/status\/1877105067691835885?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 8, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Additionally, Grayscale recently <\/span><span data-preserver-spaces=\"true\">added<\/span><span data-preserver-spaces=\"true\"> ADA to its Smart Contract Fund, making it the third-largest holding at around 18%. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> reinforces institutional confidence in the Ethereum competitor. The Grayscale Fund now includes Avalanche, Solana, Ethereum, Polkadot, and NEAR Protocol.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/analysis\/crypto-forecast-best-crypto\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Coins with High Returns: Crypto Forecast 2025<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Did Cardano whales dump ADA on crypto reserve news? What does it mean?<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         United States plans to create a crypto reserve including altcoins like Cardano     <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Santiment data shows that Cardano whales likely sold after prices soared on Sunday     <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         ADA bullish but momentum is fading     <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/did-cardano-whales-cash-out-on-president-donald-trumps-crypto-reserve-news\/\">Did Cardano Whales Cash Out on President Donald Trump\u2019s Crypto Reserve News?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cardano whales might have sold on Sunday Trump Crypto Reserve News at $1.15. ADA price remain bullish but momentum is fading. Cardano, Solana, XRP, and other \u201cvaluable altcoins\u201d could form part of the United States crypto reserve if Donald Trump\u2019s post on Truth Social is anything to go by. Following this news, crypto prices ticked [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-16329","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16329","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16329"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16329\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}