Cardano millionaires have increased their holdings to 25.11 billion ADA, the highest level since December 2017, according to Santiment Intelligence. This cohort now controls nearly 67.5% of ADA's circulating supply, marking a significant accumulation despite ongoing market volatility. The increase from 67.47% earlier this month indicates that these large holders have added over 200 million ADA recently. Despite ADA's price dropping over 90% from its peak of $3.10 in September 2021 to $0.23, these high-value wallets have continued to buy, leveraging the price decline to accumulate more ADA at discounted rates. This persistent accumulation by large holders is often seen as a bullish indicator, reflecting long-term confidence in Cardano's potential. Meanwhile, ADA's trading volume has risen by 28% to $537 million, although the price remains under pressure, down 5% in the past 24 hours.