Large Cardano holders now control nearly 67% of the total ADA supply, marking the highest whale concentration recorded since 2020. On-chain data shows major investors collectively hold around 25.09 billion ADA after months of aggressive accumulation despite the token losing almost 71% of its value over the past nine months. Analysts say the trend signals long-term confidence from high-capital investors, though rising supply concentration could also increase volatility if large holders begin taking profits during future market rallies or corrections.
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