🚨 CARDANO WHALES NOW HOLD OVER 67% OF ALL ADA — HIGHEST CONCENTRATION SINCE 2020
Large holders (whales) now control 25.09 billion $ADA , representing 67.47% of the total supply — the highest level since July 2020.
ADAUSDT
دائم
0.2566
+1.06%
Notably, this accumulation has continued steadily since late 2023, even as ADA’s market cap dropped around 71% over the past nine months.
Meanwhile, on-chain activity has weakened significantly:
• DeFi TVL down 80% from its 2024 peak
• Daily DEX volume hovering near $2M
• Active addresses around 16,000
What does this growing whale dominance mean for Cardano’s future? Centralization concerns or smart positioning ahead of a potential recovery?