Wallets holding at least one million ADA now control 25.09 billion tokens, the highest share since July 2020, even as Cardano's TVL has bled to $137 million from a December 2024 peak of $686 million, per Santiment and DefiLlama data.
May 15, 2026
CoinDesk
Cardano whales now hold 67% of ADA supply in highest share since 2020
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