Sun Aug 03 08:10:00 UTC 2025: ## Cardano Price Faces Tug-of-War: Whales Sell, Retail Holds, Shorts Pile In

**[City, State] –** Cardano (ADA) is caught in a three-way battle as major investors (whales) sell off their holdings while retail investors maintain a bullish outlook, and short sellers bet on a price decline. The cryptocurrency’s price has dipped 7.6% in the last 24 hours, though it remains up 28.6% over the past month, creating uncertainty among traders.

On-chain data reveals that the largest Cardano wallets have reduced their ADA holdings from 5.43% in late June to 5.02% currently, suggesting a bearish sentiment among these major players. This sell-off coincides with a drop in active addresses on the Cardano network, down over 40% since mid-July.

Despite the whale activity, retail investors appear confident, with netflows from exchanges showing more ADA being withdrawn than deposited. This usually indicates a bullish outlook, as holders accumulate rather than sell.

However, derivatives traders are leaning towards a bearish scenario. Data from Bitget shows a significantly larger volume of short positions ($141.7 million) compared to long positions ($74 million), indicating a strong belief that ADA’s price will fall further.

This creates a volatile situation. Continued selling pressure from whales could empower short sellers, driving the price down and triggering liquidations. However, a sudden short squeeze fueled by retail investor sentiment could reverse the trend and push the price upward.

Currently, ADA is hovering near crucial support levels of $0.71 and $0.68. A breakdown below these levels could lead to a further drop to $0.62, aligning with the bearish positioning of whales and short sellers. Conversely, reclaiming $0.73 and $0.78 could signal a shift in momentum, potentially pushing the price towards $0.84 and $0.93.

The outcome of this tug-of-war remains uncertain. The next big move in Cardano’s price hinges on which force will ultimately prevail: the selling pressure from whales, the bullish sentiment of retail investors, or the bearish bets of derivatives traders.

**Disclaimer:** *This article is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research before making any investment decisions.*

Read More