Large Ether positions rise to 43%, close to 48% of total retail holdings
According to the data, the market dominance of Ether's largest holders has grown steadily since 2019, continuing to accumulate more ETH. this accumulation trend accelerates further in early 2023, coinciding with the Shanghai upgrade. Currently, these large addresses control more than 43% of Ether's circulating supply, close to the 48% collectively held by retail investors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Terminal Finance: Project shuts down due to delays in the Converge chain, protocol codebase to be open-sourced later
Cathie Wood remains optimistic about bitcoin's $1.5 million price target
Trending news
MoreCrypto prices
More
