Cardano Sees $167K Long Liquidations as ADA Dips to $0.35
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Liquidation Imbalance: Cardano recorded $167,850 in long liquidations within one hour, resulting in a staggering liquidation imbalance of approximately 66,530%, indicating that bulls faced greater exposure during the price drop.
- Price Volatility: The ADA price fell to $0.35 amid thin holiday liquidity, reflecting a 2.09% decline over 24 hours and extending the weekly loss to 3.67%, highlighting the fragility of market sentiment.
- Volume Decline: Cardano's trading volume dropped by 22% to $380 million, exacerbating price volatility during the holiday session, as reduced investor activity led to limited liquidity, amplifying price movements.
- Mixed Market Performance: While U.S. equities posted gains in holiday-shortened sessions, the cryptocurrency market showed mixed trends, with ADA's price performance indicating a trend of investors reassessing risk during the holiday period.
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.






