DeFiBearishBlockonomi · 4h ago6/10
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Cardano Whales Accumulate ADA as TVL Falls Below $125M
Cardano whales have increased their ADA holdings to 25.11 billion tokens despite the asset declining over 70% in the past year, with millionaire wallets now controlling 67.5% of total supply. However, Cardano's decentralized finance ecosystem has weakened significantly, with total value locked dropping below $125 million, signaling reduced developer activity and user engagement on the platform.
$ADA