3 stories mentioning it. Newest first.
The price reset unwinds the entire Alonzo-era speculative premium, but the more revealing signal is the scale of redistribution from large holders — that's a structural shift, not routine churn.
Three sessions of losses, an 8% OI flush, and whale balances frozen at 2.53B ADA have turned a healthy pullback into a debate about whether $0.18 holds or the June low at $0.1385 comes back into play.
A 43% open-interest expansion on a $36M-cap post-collapse governance token is the whole story compressed: name recognition plus thin liquidity plus perps access equals a two-hour trade on nothing but…
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