On-chain data doesn’t lie and confirms what many feared. Indeed, long-term investors are abandoning the Cardano<\/a> ship<\/strong>. The Coin Age Band Spent metric reveals a brutal 23% increase<\/strong> in aged coins moved, reaching 114.66 million ADA over the past week. This type of movement typically signals a loss of confidence among the network’s most experienced players.<\/p>\n\n\n\n This silent capitulation by whales contrasts sharply with the rebound attempts observed at the start of the week. Despite a slight uptick, ADA never managed to build sufficient momentum to reverse the dominant trend<\/strong>. Large holders appear to be anticipating new lows<\/strong> and prefer to lock in their current losses rather than risk further depreciation.<\/p>\n\n\n\n