$ADA

Santiment data showed a sharp concentration, with wallets holding between 10 million and 100 million ADA controlling 35.62% of the total supply, making this whale tier the most dominant force in Cardano’s on-chain structure.

Close behind, addresses in the 100k to 1 million ADA range held 16.23%, marking them as the largest mid-sized liquidity tier.

Together, these cohorts commanded over half of all ADA, setting the stage for sharp directional pivots depending on their flows.

That means if the 10M–100M bracket kickoffs are distributed into weakness, ADA’s structure risks further breakdown.