According to a recent tweet posted by cryptocurrency analyst and trader Ali Martinez, an astonishing amount of $ADA Coins have been shuffled in the last 7 days. Analysts believe investors most likely sold the giant company $ADA amount.
He shared a chart from on-chain data company Santiment to support his theory.
130 million $ADA Whales on the move as they react to selling pressure
Martinez reports a significant decline of 130 million people $ADA Number of whales found in the past 7 days based on Santimento data. The chart shows that it is stable $ADA The holdings have reached 13.73 billion since mid-2025 and have recently seen a significant decline. Over the past week, this amount has decreased from 13.65 billion to 13.55 billion. $ADA. Mr. Martinez said the $130 million $ADA It’s more likely that it was redistributed or sold by whales.
However, one commentator accused analysts of being paid to promote Cardano. $ADA.
130 million cardano $ADA Sold or redistributed by whales in the past week. pic.twitter.com/KMXIqZZ4VZ
— Ali Charts (@alicharts) March 12, 2026
Previous reports indicate that crypto whales moved more than $230 million $ADAincreasing selling pressure on the asset. March 5th, $ADA The price soared to the $0.28 level. By March 9th, $ADA It fell 12.52% to $0.24. Currently, the coin has reached a local peak of $0.27 and has since fallen from there pretty quickly before recovering to $0.26.
$ADA follows Bitcoin’s price curve, which has recently been affected by rising geopolitical tensions in the Middle East. Now that oil prices have recovered to $100, Bitcoin has fallen and remains below the $70,000 price level. Bitcoin falls more than 2%, $ADA This was followed by a decline of 3.08%. Both cryptocurrencies have mitigated losses faced in the past 24 hours. Bitcoin has returned to $70,000, but $ADA It is switching trades at $0.2622. Unlike other altcoins, $ADA It remains very strong, only dropping to the top 11 of the top 10 cryptocurrencies.
$ADA Now accepted in SPAR supermarkets in Switzerland
As previously reported by U.Today, $ADA is currently one of the cryptocurrencies accepted by the Swiss SPAR supermarket chain. Users can pay with his coins at 137 supermarkets via Open Crypto Pay. Some are direct $ADA-in-wallets-to-checkout option is now available.
This move is supported by the Cardano community. $ADA use. Before that, another big event happened. The popular USDC stablecoin is now live on the Cardano blockchain.
