Cardano whales have significantly increased their holdings, adding 819.14 million ADA tokens despite a 71% price drop from $0.90 to $0.26. On-chain data reveals that wallets holding between 100,000 and 100 million ADA have been quietly accumulating over the past six months, now controlling 68.44% of the total supply, up from 66.84% in August 2025. This accumulation, valued at $213.9 million, reflects a strong belief in Cardano's long-term potential, as these investors view the current dip as a buying opportunity. The market sentiment remains cautious, but the actions of these whales suggest confidence in a future price rebound, contingent on broader market improvements.