🚨CARDANO WHALES NOW CONTROL OVER 67% OF ALL ADA; HIGHEST SINCE 2020
Large Cardano holders now control 25.09 Billion cardano:native, or 67.47% of total supply, the highest concentration level since July 2020.
The accumulation trend has continued since late 2023 even as ADA’s market cap reportedly fell 71% over the past nine months.
Cardano’s onchain activity has weakened sharply, with DeFi TVL down 80% from its 2024 peak, daily DEX volume near $2M, and active addresses hovering around 16,000.