Opened 18.5M ADA on December 16 Actual impact: negligible.
The total supply of ADA is huge, and liquidity is high. This amount won't cause any price shock even if sold immediately. Summary: Low-risk opening — almost zero price movement.
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$ADA Cardano (ADA)
Opened 18.5M ADA on December 16
Actual impact: negligible.
The total supply of ADA is huge, and liquidity is high. This amount won't cause any price shock even if sold immediately.
Summary: Low-risk opening — almost zero price movement.