Cardano [ADA] Short Positions Skyrocket as Network Activity Plummets – What’s Next for ADA?
Singapore – Short positions against the ADA cryptocurrency have seen a significant increase, coinciding with a notable decline in activity on the Cardano network. Recently, Cardano (ADA) has been underperforming compared to other digital tokens. This trend has led to a surge in short positions taken against ADA, making it the third most-shorted token among all cryptocurrencies in the past 12 hours. The downward trend for ADA began after March 27th when it experienced a …