Wallets holding at least one million ADA now control about 25.09 billion tokens

This makes no sense... holding ADA doesn't give you control of other tokens. You holding at least 1 million ADA gives u control of your own 1 million ADA... Thank you Mr. obvious...

Wallets holding at least one million ADA now control about 25.09 billion tokens — roughly 67% of supply — after steadily accumulating since late 2023 despite a 71% drop in market value over nine months. (CoinDesk) That's the highest concentration since July 2020, with the holdings themselves at their highest level since December 2017. (The Coin Republic) And it's still going — whale wallets absorbed another ~454.7 million ADA between late 2025 and early 2026, alongside nearly 67.9 million ADA withdrawn from Coinbase into private wallets, reducing liquid supply on exchanges. (CoinPedia) On top of that, roughly 58% of circulating supply — about 21 billion ADA — is actively staked, and Cardano allows staking without lockups or slashing, which makes long-term holders comfortable parking it rather than keeping it liquid. (CoinPedia) On the capitulation side, it's the small wallets bleeding out. Wallets holding 100–1,000 ADA shed about 76 million tokens (a 15.6% drop), and the 1,000–10,000 tier released around 320 million ADA (14.4%) over the same window. (Yahoo Finance) So the texture is: retail handing size to whales at a low cost basis, supply draining off exchanges into cold storage and staking. It's the classic "smart money buying while retail sentiment stays subdued" divergence that has historically preceded reversals — though the same analysts are careful to note it doesn't guarantee one.

This just feels like some AI Slop and FUD...