Cardano Stakeholders Reach 3.5-Year High in ADA Accumulation

ADA2.57%
According to Santiment, over the past four months, Cardano wallets holding between 100,000 and 100 million ADA have accumulated to their highest combined balance since February 2023. These large holders now control more than 25.6 billion ADA coins, representing a 1.8% increase in their supply during the period. The accumulation occurs while ADA trades near $0.158, close to a weekly demand zone between $0.143 and $0.160. In contrast, smaller wallets holding fewer than 100 ADA have reduced their combined balance by approximately 0.7% over the same timeframe.
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