ADA whales holdings at 2-year all-time high
Top whales that hold more than 10 million ADA have returned to their largest percentage of supply held in 2 years. Data from Santiment revealed that this category of wallets now held 46.6% of the circulating supply of ADA. This translates to the whales, which includes crypto exchanges, holding over 14.9 billion of the 33 billion ADA tokens currently in circulation.
Earlier this month, data showed that mid-tier ADA holders (wallets holding $100 to $100k worth of ADA) also reached a new all-time high in the percentage of supply held. At the time, the mid-tier whales held 16.8% of the available supply of the token.