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Report: Top 10 Ethereum Wallets Now Hold 23.7% of Total Ethereum Supply

Posted on November 26, 2022 by admin

Report: Top 10 Ethereum Wallets Now Hold 23.7% of Total Ethereum Supply

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Answer Report: Top 10 Ethereum Wallets Now Hold 23.7% of Total Ethereum Supply

Data collection and analysis platform Santiment tweeted that since last year, the top ten Ethereum wallets have increased their Ethereum balance, and these whales are now acquiring a total of 23.7% of the supply of the second largest cryptocurrency currently in circulation.

🐳 # EthereumTop 10 #whale Headlines capture 4.3% more of the total supply than they did one year ago today. 23.7% of all ETH dollar These portfolios remain very close to the 5-year highs that were first breached in late January. 👀 pic.twitter.com/DtuNaxiwy6

– Santimentfeed March 26, 2022

Read:Report: The number of visitors to trading platforms decreased significantly due to the decrease in the interest of individuals

The increase in the balance of the ten largest Ethereum wallets is 4.3% compared to March 2021.

The amount currently held is 23.7% of the total Ethereum supply.

The indicated percentage (23.7%) is very close to the highest level recorded 5 years ago.

According to Glassnode, Ethereum whales recently pulled $1.4 billion worth of Ethereum from multiple cryptocurrency exchanges, compared to an influx of $739.7 million worth of Ethereum to exchanges.

Thus, the net exit of Ethereum from the trading platforms amounted to about 628.1 million dollars.

The daily flow of exchange on the chain# bitcoin BTC dollars
➡️ $1.3 billion in
$1.3 billion out of
📉 Net Flow: $38.2 million# Ethereum ETH dollar
➡️ $739.7 million in
$1.4 billion out of
📉 Net Flow: $628.1 Million#Rope (ERC20) USDT . dollars
➡️ $1.2 billion in
$1.2 billion out of
📈 Net Flow: +2.5 Million Dollars

– glassnode alerts (glassnodealerts) 25 March 2022

Read:Will CBDCs be a viable alternative to fiat currencies?

Read also:

The price of Bitcoin touches about 45 thousand dollars, with the acceleration of purchases

Rio de Janeiro will allow taxes to be paid using crypto from 2023


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