NewsBTC •
February 26, 2026 at 08:20 •
Analysis
On-chain data shows the Cardano sharks and whales have quietly been accumulating the asset even as the price has gone through a drawdown. Cardano Sharks & Whales Have Increased Supply Share By 1.6% In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the supply of the Cardano sharks and whales. The indicator of interest here is the “Supply Distribution,” which tells us about the amount of the ADA circulating supply that’s held by a given wallet group. Related Reading: Bitcoin Yet To See Meaningful Capital Return, Glassnode Says Addresses or investors are divided into these cohorts based on the number of tokens that they are carrying in their balance. The 1 to 10 coins cohort, for instance, includes the wallets owning between 1 an...
