According to Santiment (crypto market analytics platform), wallets holding at least 1 million ADA now control 67.49% of Cardano’s supply, the highest share since July 2020.
Cardano whale wallets, defined here as addresses holding 1 million ADA or more, have accumulated 25.11 billion ADA, according to Santiment (crypto market analytics platform). The report says this is the highest amount held by large ADA holders since December 2017. These wallets now account for 67.49% of the token’s total supply, marking the highest ownership concentration since July 2020. The figures point to a growing share of ADA being held by large investors, a metric often watched in crypto markets because it can signal concentrated positioning among major holders.