Cardano whales hold over 16 percent of all ADA

As data from Santiment shows , Cardano whales share a majority of the total ADA circulating amount.

16.8 percent of the ADA supply is currently held by wallets holding between 100 and 100,000 ADA.

As early as December last year, the analysis company Coin Metrics had pointed to a high centering of the ADA stocks.

Accordingly, the wealthiest ten percent held around 94 percent of the total amount in circulation.

ADA is up 2.5 percent on the day to $1.21.

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