Cardano whale wallets holding at least 1 million ADA have reached a record-breaking combined balance of 25.09 billion ADA, according to on-chain analytics platform Santiment. The latest data shows that these large holders now control 67.47% of Cardanos circulating supply, marking the highest concentration of ADA ownership among millionaire wallets since July 2020. The surge in whale accumulation comes despite Cardanos prolonged market downturn. Santiment noted that ADA has lost nearly 71% of its market capitalization over the past nine months, yet major investors continue increasing their… Read more
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