Cardano (ADA) is witnessing significant capital inflows, reaching a three-month high according to the Chaikin Money Flow (CMF) indicator. Despite this positive trend, large holders have sold approximately 180 million ADA tokens, valued at over $120 million, within the last 24 hours. This substantial sell-off by whale addresses, which hold between 10 million and 100 million ADA, is counterbalancing the buying activity from smaller investors and may impede ADA's short-term price recovery.