Cardano’s month-long decline has been accompanied by persistent aggressive selling in the perpetual futures market, with ADA taker sellers exceeding taker buyers by approximately $116.7 million over the past 30 days. EdgeorNot’s cumulative volume delta data shows ADA falling 28.6% over the same 30-day period, while sellers continued initiating more trades than buyers across Binance, OKX and Hyperliquid perpetual markets.
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