Cardano Faces Selling Pressure as Whales Dump 350 Million ADA — Can Bulls Regain Control?

"Cardano is currently experiencing significant selling pressure as large investors, often referred to as 'whales,' have recently sold off a substantial amount of cryptocurrency, totaling 350 million ADA tokens. This sudden influx of ADA into the market has raised concerns among traders and analysts alike about the potential impact on the price of Cardano. As the market reacts to this wave of selling, many are left wondering if the bullish sentiment can be reestablished, or if the bears will continue to dominate and drive prices down further. Will the strong buy support from retail investors be enough to counteract the effects of the whale sell-off and allow the bulls to regain control of the market dynamics?" source: https://blocknews.com/cardano-faces-selling-pressure-as-whales-dump-350-million-ada-can-bulls-regain-control/