Data from blockchain analysis firm Santiment indicates that ETH whales have been accumulating over the past two weeks. They have broken out of a sustained ownership downtrend since the start of the year, and are now back to owning over 12% of the supply.
- ETH whales, in this context, are defined as addresses holding between 1000 and 10,000 ETH. That’s between about $3 million and $30 million worth of ETH, at current prices.
- As of Thursday, whale ownership sat at 12.07% of…
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