ADA Holds Key Support at $0.383 as Long-Term Holders Increase Selling Activity
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Long-Term Holder Selling: ADA has declined about 2% over the past 24 hours, with long-term holders sharply increasing selling activity, as the spent coins age band for holders between 365 days and 2 years surged from approximately 1.92 million ADA to 4.51 million ADA, reflecting a 135% increase that may undermine the projected 49% rally.
- Short-Term Traders Step In: While long-term holders are selling, short-term traders are absorbing supply, with the 30-day to 60-day cohort reducing selling activity from about 55.42 million ADA to 4.28 million ADA, a nearly 92% drop, indicating a shift in market behavior that could lead to increased price volatility.
- Fragile Market Structure: Derivatives data from Coinglass shows that the ADA market is heavily skewed towards longs, with cumulative long liquidation leverage near $26.66 million compared to $14.11 million for shorts, creating downside risk that could trigger rapid unwinding of crowded long positions if speculative capital exits.
- Technical Pattern Analysis: ADA is currently trading within a falling wedge pattern, and a daily close above $0.437 would validate the projected 49% upside target, while a break below $0.351 could expose $0.328 as the next major support level, suggesting that recent stability may be distribution rather than accumulation.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







