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Data: Cardano whales continue to accumulate, addresses holding over 1 million ADA collectively hold about 67% of the circulating supply.
Mars Finance News, according to Crowdfund Insider reports, recent on-chain data shows that wallets holding at least 1 million ADA tokens collectively hold about 25.09 billion ADA, accounting for approximately 67% of the total circulating supply, the highest level since July 2020. Despite ADA’s price dropping more than 70% over the past nine months, these large holders continue to increase their holdings.