Whales And Sharks Continue To Add To Their Holdings

Data shows the Ethereum whales and sharks have continued to fill up their bags recently, a sign that may prove to be bullish for the price of the crypto.

Ethereum Whales And Sharks Bought 561k ETH In A Single Day

As per data from analytics firm Santiment, ETH whale and shark addresses are accumulating back towards pre-Merge levels.

The relevant indicator here is the “ETH supply distribution,” which tells us which wallet groups are currently holding what percentage of the total Ethereum…


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