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 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.