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Cardano Stalls Below $0.70 as Whale Flows Split and ETF Odds Slip, With Solana and Dogecoin Under Pressure

Large holder selling offsets fresh inflows ahead of the Oct. 23 Grayscale deadline.

Overview

  • ADA remains range-bound near $0.66–$0.70 after a weekly slide of roughly 27%, with support clustered around $0.65–$0.66 and resistance at $0.70–$0.74.
  • On-chain data shows roughly 350 million ADA sold by whales over the past week while other large wallets bought 140–200 million, leaving price action choppy despite a three-month high in CMF.
  • Market-implied odds for an ADA ETF sit near 75% on Polymarket as traders watch Grayscale’s Oct. 23 decision window for the next catalyst.
  • Solana trades near $181 after slipping below $180, with $175–$170 flagged as make-or-break support as traders note Wintermute exchange inflows and watch $168 and $150 as next downside levels.
  • Dogecoin dropped to about $0.17 after an on-chain sale of roughly 360 million DOGE, with analysts eyeing $0.17–$0.19 as key support and $0.21–$0.23 as near-term resistance.