Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Cardano: Most ADA transactions result in losses.
ALTCOIN NEWS

Cardano: Most ADA transactions result in losses.

By Crypto FlexsApril 26, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Cardano: Most ADA transactions result in losses.
Share
Facebook Twitter LinkedIn Pinterest Email
  • Since April 22, almost all ADA trades have recorded realized losses.
  • Cryptocurrency items ranged from $0.40 to $0.44.

AMBCrypto confirmed that participants suffered losses on almost every Cardano (ADA) transaction this week. Before coming to this conclusion, we looked at the network realized profits/losses.

This metric measures the USD value of profits or other transactions within a specific time period. According to our analysis, the last time the ADA made a significant payment to participants was on April 22. At the time, there was no need to sell $19.78 million worth of tokens at a loss.

However, as of this writing, $321,000 worth of ADA tokens have realized losses over the past month. This action is a reflection of the cryptocurrency’s price action.

Cardano’s realized P&L this week

Source: Santiment

I have no money now

5 days ago the price of Cardano was $0.52. At press time, its value had decreased to $0.46, indicating that it has been difficult to make money through spot trading of the token.

But short-term holders aren’t the only ones affected by the ADA move. A few weeks ago, less than 50% of holders suffered losses. According to press time data from IntoTheBlock, 59% of all holders lost money.

On a broader scale, this could present a buying opportunity given that many holders may not want to liquidate their holdings without a profit.

This could lead to further accumulation, which could give Cardano a potential upside. On the other hand, if some of the holders decide to forfeit what is left, the price of ADA could fall to $0.44.

Cardano's data about holders sending money in and outCardano's data about holders sending money in and out

Source: IntoTheBlock

But is now a good time to consider purchasing ADA? AMBCrypto’s analysis of the price-DAA differential gives an idea about this. If you’re unfamiliar, DAA stands for Daily Active Addresses. It shows the level of daily user activity on the blockchain.

Signal scream: Prepare another exit!

Using data from Santiment, we observed that the price-DAA difference is -49.99%. Using this indicator, traders can develop trading strategies that have historically proven to be effective.

In past cycles, when the price rises more than DAA, it means it is time to buy. On the other hand, if the price falls more than DAA, there is a strong exit signal.

One thing we have noticed is that Cardano’s DAA has surged over the past few days as the price of ADA has fallen. Therefore, it can be concluded that a clear buying opportunity has not yet emerged.

Cardano has flashed the exit signal.Cardano has flashed the exit signal.

Source: Santiment

Regarding the price, ADA may fall below the $0.45 psychological support in the near term. In this case, market participants may need to find another entry point between $0.40 and $0.44.


Is your portfolio green? Check out the Cardano Profit Calculator


Despite the potential downside, a rebound for Cardano may still be possible in the medium term. But that depends on the performance of the altcoin.

If the cryptocurrency price rebounds in the same period, ADA could rise once more and surpass $0.60.

Next: What SHIB Holders Need to Know About Shibarium’s Latest Upgrade

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025

‘Fat Apps’ can lead the cryptographic story in the next few months.

September 11, 2025

Binance explodes 466m LUNC with oblivion: revival play or special effect?

September 4, 2025
Add A Comment

Comments are closed.

Recent Posts

What is the next after the Fed’s 25bps is cut? Everything you need to know

September 18, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025

BetFury Is At SBC Summit Lisbon 2025: Affiliate Growth In Focus

September 17, 2025

FED Mining’s Cloud Mining Platform Is Helping Users Earn $8,800 Per Day, And XRP’s Growth Is Driving Market Enthusiasm.

September 17, 2025

Stablecoin Holdings Drop As Investors Pivot To SOL, XRP, And Altcoins

September 17, 2025

Flipster Partners With WLFI To Advance Global Stablecoin Adoption Through USD1 Integration

September 17, 2025

Zircuit Launches $495K Grants Program To Accelerate Web3 Super Apps

September 16, 2025

Kintsu Launches SHYPE On Hyperliquid

September 16, 2025

New Cryptocurrency Mutuum Finance (MUTM) Raises $15.8M As Phase 6 Reaches 40%

September 16, 2025

How XRP Enthusiasts Can Earn $15k/Day

September 16, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

What is the next after the Fed’s 25bps is cut? Everything you need to know

September 18, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025
Most Popular

Cronos(CRO) zkEVM, Passage Quest Begins Ahead of Mainnet Launch

July 24, 2024

Bitcoin Rally is $ 86K for rally, but it’s too early to confirm the trend reversal.

April 16, 2025

Cryptocurrency custodian of banking giant Standard Chartered in talks to raise $50,000,000 capital: Report

November 7, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.