Whales have sold 50 million ADA over the past two days, causing a 4.35% price drop from $0.84 to $0.80. Despite a brief 3.51% recovery, ADA faces resistance at $0.84 and currently trades at $0.8304. Meanwhile, Grayscale has filed with the SEC for a Cardano ETF (ticker: GADA), signaling growing institutional interest in crypto-based investment products.