ADA on-chain signal reversal: Market signals behind the large holder withdrawal trend

Cardano(ADA)The recent on-chain data for ADA has released clear mixed signals. According to whale wallet tracking data, large holders have been continuously net outflowing 35.22 million ADA over the past 5 days, with a single-day large order outflow reaching 1.35 million. In contrast, retail small transactions show slight buying (+168k), and medium-sized orders are somewhat positive (+367k), but overall, the trend is suppressed by the continuous reduction of holdings by large investors.

Short-term Ripples vs. Mid-term Downtrend

From a time cycle perspective, details are crucial. A 23.90% inflow appears at the 15-minute level, and at the 2-hour level, inflow remains at 20.50%. These short-term fluctuations can easily deceive investors. However, the daily chart performance is less optimistic—only 8.06% inflow, with a total net outflow of 817,000, which is the real direction worth paying attention to.

The retreat of large holders is often a precursor to market sentiment changes. When major holders start reducing their positions, it usually indicates a shift in their short-term outlook. While not necessarily outright bearish, it at least suggests that speculative capital is reallocating.

Current Market Snapshot

ADA is currently trading around $0.39, with a 24-hour increase of +1.04%. The ADAUSDT perpetual contract is quoted at 0.3862, up +1.15%, indicating that bulls still have slight support, but this cannot hide the withdrawal signals on the chain.

What You Should Watch

Instead of being confused by short-term rebound fluctuations, pay close attention to the next moves of large holders. If outflows continue to accelerate, technical support levels will face a real test. This is about observation, not prediction—the market always swings between data and sentiment.

Risk Reminder: Cryptocurrency markets are highly volatile; manage risks accordingly.