The Whale Alert recorded a major Cardano transaction on Monday as 67,810,471 ADA was withdrawn from Coinbase and moved to an external wallet. The transaction split into two addresses was valued at approximately $54.3 million. One received an ADA of 67.8 million, and the other received an ADA of 2.2 million.
Moving coins to private wallets reduces the immediate supply available for transactions, suggesting that holders prefer independence.
In many eyes, it is a sign of bullishness. Also, those that do not immediately affect market liquidity may point to trades that do not require exchange or portfolio rearrangements.
🚨🚨67,810,471 #ada(54,317,195 USD) transferred from #coinbase to unknown wallethttps://t.co/ensaovcqgm
– Whale Alert (@Whale_Alert) September 30, 2025
Transfers come when ADA prices are under heavy pressure. The token is currently trading at around $0.814, down 7.6% from last week. The Bulls are held strong at the $0.79 level, making it a vital place to keep it right.
If you have $0.87 resistance and your emotions get bullish, your $0.92 and $1 targets will be higher. Conversely, support has to give way, and traders are looking at $0.75 as the next level.
New Cardano Roadmap
All of these include the Cardano Foundation’s new roadmap outlining six key objectives beyond price action. This includes putting aside many ADA funds to increase the liquidity of Stablecoins, increasing the number of people involved in Defi and improving governance structures.
The goal of these initiatives is to make Cardano more competitive with platforms such as Ethereum and Tron, currently the leaders of the Stablecoin market.
With a combination of heavy exchange spills, technical support testing and new development goals, Cardano is at the turning point when Q4 begins.
