Cardano Whales Accumulate, 1M+ ADA Holders Control 67% of Circulating Supply at 6-Year High

ADA-2.63%

According to Crowdfund Insider, on May 17, wallets holding at least 1 million ADA tokens collectively possess approximately 25.09 billion ADA, representing about 67% of total circulating supply—the highest level since July 2020. Despite ADA’s price declining over 70% in the past nine months, large holders have continued to accumulate positions.

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