Cardano's large ADA holders have sold over $100 million worth of the cryptocurrency in recent days, according to on-chain data. This significant sell-off comes amid mixed signals for Cardano, with both selling and accumulation activities observed.
In contrast, Remittix (RTX) has successfully raised over $28 million in its presale, surpassing competitors like BlockchainFX (BFX). Remittix aims to establish itself as a payments infrastructure project with practical applications, while BlockchainFX is under scrutiny for its centralized token distribution and transparency issues.
Cardano Whales Offload $100M in ADA as Remittix Presale Hits $28M
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