According to Bubblemaps, 68 wallets were funded via ChangeNow just before the ATLAS launch. Source: Bubblemaps on X, Dec 28, 2025. These wallets had no prior on-chain activity, were funded in tight time windows with similar amounts of ETH, and sniped ATLAS at launch. Source: Bubblemaps on X, Dec 28, 2025. Bubblemaps reports these 68 wallets now hold 47% of the ATLAS supply valued around 1 million dollars, highlighting a highly concentrated holder base that traders often monitor. Source: Bubblemaps on X, Dec 28, 2025.

According to @santimentfeed, ADA whale and shark wallets accumulated 348 million ADA valued at approximately 204.3 million USD over the last four days after Cardano fell below 0.50 USD last week, source: Santiment app.santiment.net/charts/ada-100k-100m-wallets-30427. These key stakeholders added 0.94 percent of ADA’s supply during this period, source: Santiment app.santiment.net/charts/ada-100k-100m-wallets-30427. The ADA 100k to 100m wallet cohort trend can be tracked on Santiment’s on-chain chart to monitor supply distribution changes, source: Santiment app.santiment.net/charts/ada-100k-100m-wallets-30427.