
This Cohort of Ethereum Whales Accumulates Record 57.35% of Supply
The Ethereum market has witnessed a significant shift in its supply distribution as large ETH wallets aggressively accumulate, reaching an all-time high in supply ownership. Meanwhile, mid-tier and small wallet holdings have dropped to record lows.
Santiment’s latest analysis reveals that whale wallets holding at least 100K ETH now possess a staggering 57.35% of the total supply, valued at approximately $333 billion. This trend indicates growing confidence among Ethereum’s largest stakeholders as they continue accumulating despite market volatility.
Source: cryptopotato.com