Ethereum Whales Control 43% of Total Supply
- Ethereum whales now hold approximately 43% of the total circulating supply of ETH.
- This marks an increase from early 2023, when they held just 22%.
- The concentration of ETH in whale addresses has surged by over 90% since early 2023.
- Three whale addresses collectively hold around 61.09 million ETH.
- Investor addresses own about 15.2 million ETH, or roughly 10.77% of the supply.
The rise in Ethereum whale holdings to about 43% highlights a significant shift in market dynamics, with three key addresses holding a substantial portion of the total supply.
Source (2.6)https://www.newsbtc.com/altcoin/ethereum-whales-control-43-of-supply-what-this-means-for-retail-traders/?rand=52377
