Cardano Whales Load 348M ADA While FBI Probes Chain Split – 2026 Bull Run Loading

Cardano's main ecosystem players—Intersect, IOG, EMURGO, Cardano Foundation, and the new Midnight Foundation—recently unveiled a large ₳70 million treasure budget plan for 2026 targeted at battle-tested stablecoins, institutional custody solutions, and bulletproof oracles. Days after surviving a strange 14-hour chain split started by a malformed AI-generated transaction (now under active FBI inquiry with patches already live), the community showed its steel by providing 74.5% approval for the Cardano Foundation to snatch the ultra-rare .ada and .cardano top-level domains through ICANN. Level of resilience: god-tier.

Whales purchased instead of panicking while the network was briefly down; on-chain data shows monsters snagged 348+ million ADA near the psychological $0.50 stronghold, refusing to let the event shake them out. Post split, yes, one unlucky whale fat-fingered $6 million into an illiquid USDa pool earlier in November. No big dumps. Quietly getting ready for the next leg up as concentration reaches all-time highs, big holders are stacking harder than they have ever done.

Fresh from a packed Cardano Summit 2025 in Singapore, Charles Hoskinson revealed the Midnight privacy side-chain plan: federated mainnet + NIGHT token airdrop coming Q1 2026, devnet already live. Also speeding toward mainnet to finally fix scalability is the hyper-efficient Ouroboros Leios upgrade. With ₳70M in fresh fuel, whales loading the boat, and Midnight about to drop, Cardano is quietly morphing into a 2026 monster.