$64M in ADA Sold Within Minutes — Who's Behind the Sudden Offload?
On Dec. 9, 2025, on-chain records show about $64 million in ADA was moved and sold within a very short window, as the broader crypto market reported mixed moves and Cardano gave back recent gains. The spike in volume accompanied a pullback that left ADA trading down for the session, and observers flagged the size and speed of the transactions as unusually concentrated for current market conditions.
There’s no public confirmation of the seller’s identity; transfers could stem from a large holder, exchange activity, or portfolio rebalancing. The event matters because concentrated sell pressure can exacerbate short-term volatility and influence sentiment around staking and development momentum. Traders and analysts will be watching order books and subsequent on-chain flows for signs of further outflows or an organized redistribution of holdings.