Cardano Whales keep growing their grip on supply
Large $ADA holders now control the biggest share of Cardano supply seen in nearly four years, even while network activity keeps slowing down.
☑️ Whales now hold 25.09B $ADA, around 67.47% of total supply
☑️ Concentration level reached its highest point since July 2020
☑️ Accumulation reportedly continued throughout the recent market decline
☑️ On chain activity weakened, with lower TVL, DEX volume, and active addresses
The contrast here is interesting because whale accumulation keeps rising while ecosystem usage metrics remain under pressure.
#Cardano #ADA
NFA.