ADA whale holdings reach highest level since Dec. 2017, Santiment says

According to Santiment, the total amount of ADA held by wallets with over one million ADA has reached 25.11 billion ADA, marking its highest level since December 2017. The share of the ADA supply held by these large addresses now stands at 67.49%, the highest since July 2020. Santiment noted that this sustained accumulation by major stakeholders signals market confidence and could be interpreted as a long-term bullish indicator.