Cardano (ADA) Hit by 66,530% Long–Short Liquidation Imbalance as Price Slips to $0.35

Cardano's ADA fell 2.09% over the last 24 hours to $0.35 and was down 3.67% on the week, as trading stayed mixed during Christmas Day. Data showed $167,850 in long positions versus just $243 in shorts liquidated within an hour, creating a reported 66,530% imbalance while 24-hour volume dropped 22% to $380 million.