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Data Shows the Number of Ethereum Addresses Holding Between 100 and 10,000 ETH Drops to a Three-year Low
Summary: Data from cryptocurrency analytics firm Santiment shows that Ethereum whales – wallets or clusters of wallets with over 10,000 ETH – have “not budged” during the recent market sell-off that saw ETH’s value drop by over 25% from its all-time high. According to Santiment, Ethereum whales with over $34.3 million worth of the second-largest cryptocurrency ...
Data from cryptocurrency analytics firm Santiment shows that Ethereum whales – wallets or clusters of wallets with over 10,000 ETH – have “not budged” during the recent market sell-off that saw ETH’s value drop by over 25% from its all-time high.
According to Santiment, Ethereum whales with over $34.3 million worth of the second-largest cryptocurrency by market capitalization barely touched their funds during the sell-ff, with only 8 addresses moving out of the category.
On the other hand, Ethereum addresses holding between 100 and 10,000 ETH seemingly sold some of their holdings during the downturn, with the number of addresses on this category ultimately dropping to a three-year low.
By Amy Liu
Tags: Addresses,Ethereum,Santiment
Link: Data Shows the Number of Ethereum Addresses Holding Between 100 and 10,000 ETH Drops to a Three-year Low [Copy]
