LATEST: Ethereum Whales Amass $125 Billion, Holding 52% of Circulating Supply in Top 200 Wallets

As the cryptocurrency market shows signs of renewed optimism, Ethereum (ETH) is grabbing the spotlight with increased interest from its whales. The top 200 Ethereum whales collectively possess a staggering 62.76 million ETH, valued at approximately $124.1 billion. This accounts for 52% of the circulating supply, according to data from the OneArt crypto wallet. Notably, these whale addresses now hold 30.3% more ETH than they did a year ago, indicating growing confidence in the Ethereum network. Ethereum’s network growth has surged to its highest level since July 2023, with almost 94,700 new addresses created on November 20.

55.7K Reads