Overview
- Ali Martinez reports that addresses holding 100 million to 1 billion ADA sold about 350 million tokens over the past week as ADA fell roughly 15%.
- Santiment data cited by CoinCentral shows large and mid-tier holders added roughly 200 million ADA between October 12 and 14.
- The Spent Coins Age Band metric dropped 51% over the same window, indicating fewer tokens moved and suggesting lighter selling pressure.
- Prices hovered around $0.69–$0.80 with technicians watching resistance near $0.86 and key downside levels around $0.61–$0.53.
- Coinspeaker notes no broad surge in exchange inflows beyond the whale activity, while eToro’s U.S. launch of ADA staking expands potential token lock-up among retail users.