Cardano Holders Unlock Coin Staking

Suba

Notable
Member
Nov 11, 2022
3,879
471
Dex
$0.000
Raw Dex
$1.585
From my observations, it has been two weeks since Cardano (ADA) holders unlocked coins from staking worth more than $60 million. To date, Cardano holders have unstaken and withdrawn 175 million ADA coins or half of the total circulating supply.Which direction will Cardano price head next?According to BitDegree the current price of Cardano is $0.249. The closing price of Cardano on Sept 1, 2023 is 0.255. The on chain data trend shows a bearish potential which will result in the price of Cardano sliding below US$0.210What do you think about the activity of Cardano holders and will the Cardano price continue to fall?
 
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eldavis

Very Familiar
Member
Sep 4, 2022
14,542
657
Dex
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$0.888
I don't really follow updates on the happenings on crypto though so i cant really say where the price would go next. But from what i know notting is certain when it comes to crypto currency.
 
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