Cardano Whales Hold 67.47% of ADA Supply, Highest Since July 2020

GateNews
ADA0.75%
HOLD-5.05%
ON1.2%
MAY-1.2%

According to CoinDesk and Santiment data on May 15, wallets holding at least 1 million ADA now control 25.09 billion ADA tokens, representing 67.47% of total supply—the highest level since July 2020. This accumulation trend has persisted since December 2023, during which ADA has declined 71% in value over the past nine months, suggesting large holders are buying as prices weaken.

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