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Cardano key stakeholder holdings hit 3.5-year high as whales accumulate

Cardano whales now hold 67.5% of ADA supply, the highest since July 2020, while retail sells off. But DeFi TVL has dropped 80% to just $137 million.

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Cardano whales now hold 67.5% of ADA supply, the highest since July 2020, while retail sells off. But DeFi TVL has dropped 80% to just $137 million.

Cardano is seeing strong accumulation from large holders despite a steep price decline, with wallets holding 100,000–100 million ADA.