Ethereum Billionaire Whale Wallet Holdings At 7-Year High
Ethereum Ethereum Billionaire Whale Wallet Holdings At 7-Year High Balita ng Ethereum ng Bitcoin The worlds second-largest cryptocurrency Ethereum (ETH) has been under some selling pressure and trading 1.21% down at a price of $1,570 and a market cap of $188 billion. Ethereum Whales In Action ETH has been under selling pressure for a while and has been failing to break past the resistance of $1,600. However, the Ethereum whales are making the most of the opportunity. As per on-chain data provider Santiment, Ethereum billionaire wallets have their holdings touch a 7-year high. Whale addresses on the Ethereum network, characterized by holdings of at least 1 million ETH, currently possess 32.3% of the total supply. This marks the first time such a significant concentration has occurred since 2016. Furthermore, transactions exceeding $1 million in value experienced their second-highest daily volume in the past five weeks. These developments are indicative of a historic moment in Ethereums trajectory, iniulat Pang-akit. Kagandahang-loob: Santiment Recently, theres been a major buzz over Ethereum co-founder Vitalik Buterin sending large amounts of coins to the exchanges. This development has also kept the ETH price under selling pressure for a while However, Buterin recently clarified that all those coins that he has been selling recently have





