Cardano’s largest holders have been increasing their exposure even as smaller investors reduce theirs, according to Santiment’s latest supply distribution data.
Wallets holding between 100,000 and 100 million ADA now collectively own more than 25.6 billion coins. The figure is the highest balance since February 2023. On the other hand, wallets holding fewer than 100 ADA have reduced their holdings by about 0.7% over the past four months.
Santiment said this trend comes as ADA faces intense FUD. The crypto asset’s price performance in 2026 fell short of expectations, and it recently traded near multi-year lows. Last week’s upside push toward $0.2 proved futile after ADA quickly pulled back. It slid to $0.15 and was down more than 11% over the past week. Despite that backdrop, major holders have continued accumulating.
The analytics firm pointed to several ongoing developments within the Cardano ecosystem, including work on the Leios testnet, continued Hydra scaling upgrades, progress on Mithril, integration of Pyth oracles, and new ecosystem funding initiatives.
These combined factors – whale and shark accumulation, declining retail participation, and persistently weak sentiment – represent one of the healthier market setups ADA has shown so far this year, although it does not necessarily signal an immediate price reversal.
2026 has been challenging for Cardano as the ecosystem has witnessed a series of setbacks. This month, EMURGO announced it was stepping down from the Cardano Pentad, the network’s governance group, to focus its resources on helping users recover from the SecondFi exploit. One community member described the exit as worrying and speculated that the organization may have run out of funds following the SecondFi exploit.
Earlier in the year, analytics platform TapTools shut down, while the planned 2026 Singapore Summit was called off. During the same period, Charles Hoskinson also warned that a “wave of failures” could hit DeFi projects built on the network. The developments came even as the ecosystem continued pushing ahead with technical upgrades behind the scenes.
The post Whales Keep Loading Up on Cardano While Retail Dumps ADA appeared first on CryptoPotato.
小靓分析：
🦊 小靓解读
ADA巨鲸持仓创2023年2月以来新高至256亿枚，而散户近4个月减持约0.7%，显示聪明钱在FUD恐慌中逆势吸筹。ADA当前报$0.15，距上周高点$0.2回落超11%，处于多年低位。
📊 市场影响
巨鲸增持通常预示中期底部支撑增强，但散户抛压和价格弱势可能延续短期震荡。若ADA守住$0.15并放量突破$0.18，则反转信号增强。
💡 操作建议
不建议盲目抄底，可关注$0.13-$0.15区间是否形成双底结构。若你使用Traceless平台，可考虑设置网格交易（如$0.12-$0.18区间），以低杠杆捕捉波动收益。仅供参考，注意仓位控制。
风险提示：
该资讯来源于公开渠道，仅供参考。Traceless 无痕智盈平台不对此信息准确性做任何保证。