Large Cardano holders, often called whales (wallets with very large holdings), now hold 25.09 billion ADA, according to the provided update. The post states that addresses with 1 million ADA or more account for 67.47% of the token’s total supply, following consistent accumulation since December 2023. Such concentration can matter in crypto markets because whale activity is often watched for signals about long-term conviction, liquidity conditions, and potential influence on price movements.