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Cardano “whales” have continued accumulating ADA over the past four months, according to data shared by market intelligence platform Santiment. Wallets holding 10 million ADA or more have reached 424, a level described as a four-month high.
The 424 wallets represent an increase of 5.2% over the last nine weeks. The data suggests large investors have been adding to their positions while maintaining confidence in Cardano’s longer-term value despite ongoing volatility across the broader crypto market.
The accumulation pattern points to whales taking advantage of Cardano’s lower price to expand their portfolios. The article notes that whale activity has influenced ADA’s price outlook since the asset bottomed on Feb. 5, implying that large investors may already be affecting market dynamics.
While Cardano has not “decoupled” from other altcoins yet in 2026, the market value of ADA is reported as up 11% since it bottomed on Feb. 5.
🐳 Cardano's number of wallets holding at least 10M [ADA] tokens has ballooned to a 4-month high of 424, a +5.2% rise in 9 weeks. Even though it has not decoupled from other altcoins yet in 2026, its market value is +11% since it bottomed out back on February 5th.

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