Cardano's Large Holder Concentration Hits New High

The distribution of Cardano's (ADA) supply among its holders has undergone significant changes. According to recent data, large Cardano investors now control a substantial portion of the cryptocurrency's total supply.

As of the latest update, these big holders possess 25.09 billion ADA, equivalent to approximately 67.47% of the entire Cardano supply. This concentration represents the highest level seen since July 2020.

This concentration of large holdings among a smaller group of investors is being observed as whales continue to accumulate ADA while on-chain activity and DeFi TVL (Total Value Locked) experience downward pressure.