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
巨鲸在ADA跌破0.2美元后逆势加仓至2023年2月以来最高，而散户持续减持，说明聪明钱在低价区间吸筹，市场情绪极度悲观时往往酝酿反转。
📊 市场影响
短期ADA在0.15美元附近有支撑，但上方0.2美元已形成强阻力，突破需要放量配合。若巨鲸持仓继续增加而价格不再创新低，底部可能正在形成。
💡 操作建议
不建议追空，可关注0.15美元附近是否出现放量企稳信号。左侧建仓需严格止损，仓位控制在总资金的5%以内。
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。