ADA Price Drops on 530M Whale Selling Even as Grayscale ETF Inclusion Goes Live

• Whales sold 530 million ADA in two days, pushing prices lower this week.
• Cardano was added to Grayscale’s Crypto 5 ETF, now trading on NYSE Arca.
• Whales sold 530 million ADA in two days, pushing prices lower this week.

Cardano’s price has fallen more than 3% in the past 24 hours, trading around $0.89 at the time of writing. The drop comes as analyst Ali Martinez revealed that whales sold over 530 million ADA in just the last 48 hours, adding to downward pressure on the token.

530 million Cardano $ADA sold by whales in the last 48 hours! pic.twitter.com/EXuOwhrCUg

— Ali (@ali_charts) September 19, 2025

ADA Added to Grayscale’s Crypto 5 ETF

At the same time, the Grayscale CoinDesk Crypto 5 ETF (GDLC) began trading today on NYSE Arca. 

The fund tracks the CoinDesk 5 Index and holds Bitcoin, Ethereum, XRP, Solana, and Cardano, marking ADA’s inclusion …

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