On-chain data reveals that Cardano’s sharks and whales have been quietly accumulating the asset even as its price declined. According to analytics firm Santiment, these large holders have increased their share of the circulating supply by 1.6% over the past six months.
The “Supply Distribution” metric tracks how much ADA is held by different wallet groups. For this analysis, the focus is on wallets holding between 100,000 and 100 million ADA—worth approximately $30,400 to $30.4 million at current prices. These holders, often called sharks and whales, can influence market trends, making their activity worth monitoring.
As shown in Santiment’s chart, these large investors have added 819.4 million ADA (valued at about $248 million) to their holdings over the past six months, raising their collective share from 66.84% to 68.44%. Notably, this accumulation occurred while Cardano’s price experienced a significant drop, suggesting these investors may view the decline as a buying opportunity.
The accumulation trend has accelerated this month, though it remains to be seen whether this buying will support a price recovery or if ADA will face further declines.
Meanwhile, Cardano’s price has surged 14% in the last 24 hours, reaching $0.30.
Frequently Asked Questions
FAQs Cardano Large Holder Accumulation
Here is a list of frequently asked questions about the recent news of large holders accumulating ADA during a price decline
Beginner General Questions
1 What does it mean that large holders are accumulating ADA
It means that investors or entities who hold very large amounts of Cardanos ADA token have been buying significantly more while the price has been dropping The reported figure is 819 million additional ADA
2 Why is this news significant
Its significant because largescale buying by informed or wealthy investors during a downturn can signal strong longterm confidence in the project It often contrasts with general market fear or selling by smaller investors
3 Is this a guarantee that the ADA price will go up soon
No it is not a guarantee While it can be a bullish signal it does not override broader market trends Prices can continue to fall despite accumulation if overall market sentiment remains negative
4 Where does this data about large holders come from
This data typically comes from blockchain analysis firms that track wallet addresses They can identify wallets holding large balances and monitor their transaction flows on the public Cardano blockchain
5 Should I buy ADA because large holders are buying
You should not make investment decisions based solely on this one metric It can be a factor in your research but you must consider your own financial goals risk tolerance and a broader understanding of Cardanos fundamentals and the overall crypto market
Advanced Strategic Questions
6 What are the possible motivations for this accumulation
Motivations could include
Belief in Undervaluation They believe the current price is below Cardanos intrinsic value
Strategic Positioning Accumulating ahead of a major network upgrade or product launch
Staking Preparation Acquiring more ADA to increase their stake and influence in the ProofofStake network or to earn more staking rewards
Market MakingLiquidity Provision Some large entities accumulate to provide liquidity on exchanges
7 Could this be a form of market manipulation
While possible its difficult to prove from public data alone Large buys can create temporary price floors or signal to the market which is a normal part of trading Deliberate pump and dump