On-chain data shows Ethereum whales have added $1 billion more to their holdings recently, something that could be bullish for the crypto’s price.
Ethereum Whales Now Hold 947,940 ETH More In Their Wallets
As per data from the analytics firm Santiment, this jump in the whale holdings is the 5th largest in this year so far.
The relevant indicator here is the “Supply Distribution,” which tells us the percentage of the total Ethereum supply that each wallet group has right now.
Wallets…
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