Whales Dumping Crypto: LINK and ADA Prices Sink!

Oh, the Whale-y, Whale-y Woes of Crypto Seas! πŸ‹πŸ’Έ

In the wise words of a certain Sam Clemens, “The secret of getting ahead is getting started. The secret of getting started is breaking your complex overwhelming tasks into small manageable tasks, and then starting on the first one.” It seems the whales of the cryptoverse took this advice to heart, but alas, in reverse!

  • Big-bellied Chainlink and Cardano whales have been tossing their digital treasure overboard like there’s no tomorrow. 🎩✨
  • While both LINK and ADA are bobbing slightly above water on a daily scale, their weekly and monthly voyages look more like a sinking ship. πŸš£β€β™‚οΈβž‘οΈπŸ›Ά

These sea behemoths, with their colossal coin purses, can stir the market’s waters with the flick of a fin – a mighty purchase sends prices riding the waves, and a hefty sell-off, well, sends them crashing down like a ton of bricks. πŸ§±β¬‡οΈ

Post-election, these digital leviathans were hoarding LINK and ADA like there was no tomorrow. LINK soared above $30, a height not seen since the days of yore, and ADA peaked at a lofty $1.3. But oh, how the mighty have fallen! πŸŽ’πŸ“‰

Since those heady December days, both LINK and ADA have been on a slippery slope, with ADA now wallowing around $0.66 and LINK sulking at $13. That’s a plunge worthy of a Mark Twain tale – a real “Gilded Age,” if you will. πŸ•³οΈπŸ’°

Over 170 million LINK tokens, worth a whopping $2.2 billion, have been jettisoned by whales in less than a month. That’s enough to make even the most seasoned sea dog’s head spin! πŸŒ€

β€” Ali (@ali_charts) April 4, 2025

Our friend Ali Martinez, a salty sea dog with a following as vast as the ocean, notes that LINK has breached a ‘crucial trendline’ that’s been its trusty compass for nigh on two years. 🧭❌

As for Cardano, it’s not exactly sunshine and rainbows either. After March’s market massacre, ADA whales continued to lighten their load, offloading another 120 million tokens, worth about $80 million, in a mere two days at the dawn of April. οΏ½οΏ½οΏ½ Optimistic, huh?

Another 120 million ADA tokens have walked the plank in just 48 hours! πŸ΄β€β˜ οΈ

β€” Ali (@ali_charts) April 3, 2025

So, dear readers, as we navigate these treacherous digital waters, remember to hold on to your hats (and your wallets)! For in the world of crypto, the only constant is change, and the only certainty is uncertainty. And as Twain might say, “Reports of my cryptocurrency’s death have been greatly exaggerated.” β˜ οΈπŸ’Έ

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2025-04-04 11:19