Cardano whales boost ADA holdings as retail investors exit during two‑month price slide

Over the past two months, Cardano’s ADA has trended lower in price even as large holders steadily increase their positions and smaller retail wallets cut exposure. On-chain data since 1 November shows wallets holding 100,000–100 million ADA adding 26,770 ADA, while wallets with less than 100 ADA sold 44,751 ADA, creating a divergence that could precede a longer-term shift once broader market conditions stabilise.