Summary
- It was reported that Ethereum (ETH) whales increased their holdings by 1.49 million over the past 30 days.
- It was revealed that whales now account for 26.98% of the total Ethereum supply.
- The media outlet assessed that since large investors typically make long-term investments, this is interpreted as a bullish signal.
Ethereum (ETH) whales have significantly increased their Ethereum holdings over the past month.
On the 15th (local time), The Coin Republic reported, citing data from Santiment, that Ethereum whale holdings increased by 1.49 million over the past 30 days. In contrast, individual investors sold off their holdings during the same period for profit-taking.
According to the data, Ethereum whales currently hold 26.98% of the total ecosystem supply. The media outlet stated, "This suggests that Ethereum ownership is shifting from individual investors to large investors," and added, "Large investors generally tend to invest for the long term, so this can be interpreted as a bullish signal."
Meanwhile, as of 7:58 a.m. (Korean time) on the 16th, Ethereum is priced at $2,545.44 on CoinMarketCap, up 0.72% from the previous day.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.![[Market] Bitcoin drops intraday to the $72,000 level… debate over 'safe-haven credibility' reignited](https://media.bloomingbit.io/PROD/news/e3aeb7f7-851b-4479-bfd0-77d83a3b7583.webp?w=250)
