Cardano Whales Accumulate 25.09B ADA, Now Controlling 67.47% of Total Supply

Data from crypto analytics firm Santiment shows that large holders of Cardano have steadily built up their positions since December 2023.

Currently, wallets holding at least 1 million ADA control roughly 25.09 billion tokens, representing about 67.47% of the total supply. This continued accumulation has occurred during the same period in which ADA’s market value has fallen by around 71% over the past nine months.

Source: Santiment