---
title: "Almost Nobody Holding Cardano (ADA) is in Profits Following Today’s Crypto Crash: Data"
url: https://diffcoin.com/almost-nobody-holding-cardano-ada-is-in-profits-following-todays-crypto-crash-data/
description: "Check out what chunk of ADA investors is currently underwater."
published: 2024-08-05
updated: 2024-08-05
author: "Mila"
site: "Diffcoin"
---

# Almost Nobody Holding Cardano (ADA) is in Profits Following Today’s Crypto Crash: Data

**TL;DR**

- Cardano (ADA) reached a nine-month low price, leaving many investors in losses (as of the moment).
- Input Output introduced a partner chains toolkit to enhance security, though ADA’s price remained unaffected. The RSI indicates it might be oversold, hinting at a potential rebound.

## Almost Every ADA Investor Goes Underwater

The cryptocurrency market has significantly declined in the past few days, with things escalating in the past 24 hours. The sector witnessed a severe crash where Bitcoin (BTC) briefly collapsed below $50,000 (for the first time in six months), while Ethereum (ETH) slipped to as low as $2,170 (per CoinGecko’s data).

Other large-cap altcoins are also deep in the red. Cardano (ADA), for instance, has tumbled by 17% daily, plummeting at one point to a nine-month low of $0.27. Currently, it trades at around $0.30, representing a whopping 30% decrease on a weekly scale.

![ADA Price](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA4MzYgNTg3IiB3aWR0aD0iODM2IiBoZWlnaHQ9IjU4NyIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYwOCUyRkFEQS1QcmljZS5wbmciIGRhdGEtdz0iODM2IiBkYXRhLWg9IjU4NyIgZGF0YS1iaXA9IiI+PC9zdmc+)

ADA Price, Source: CoinGecko

Somewhat expectedly, the nosediving price has negatively affected ADA investors. IntoTheBlock data shows that a mere 0.35% of those exposed to the asset are now sitting at some paper profits. A staggering 87.6% are in the red, while approximately 12% are break-even.

Other well-known altcoins whose investors are predominantly in the red include Shiba Inu (SHIB), Toncoin (TON), Avalanche (AVAX), Chainlink (LINK), Litecoin (LTC), and more.

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[Source link](https://cryptopotato.com/almost-nobody-holding-cardano-ada-is-in-profits-following-todays-crypto-crash-data/)