Rocket ICO Giving you a better way to make your decisions and enjoy the process of ICO backing

  • Lydian ICO
  • Markets
Latest News
  • Optimism token OP hits all-time high Bedrock upgrade news   |   02 Feb 2023

  • Ethereum price after Zhejiang testnet launch   |   02 Feb 2023

  • LBRY Credits (LBC) shoots up by 90% after being declared not a security   |   02 Feb 2023

  • MakerDAO announces a $5M legal defense fund   |   01 Feb 2023

  • Bulls back on top, but all eyes on the Federal Reserve   |   01 Feb 2023

  • HSBC is now ready to venture into the crypto market   |   01 Feb 2023

 
Home» Markets»Billionaire ETH whales now hold over 28.55 million ETH

Billionaire ETH whales now hold over 28.55 million ETH

rocketman 21 Oct 2022 Markets Comments Off on Billionaire ETH whales now hold over 28.55 million ETH 56 Views

Ethereum whales holding 1 million or more Ether added 3.5 Million tokens or $4.5 Billion worth of Ethereum in 30 days.

Santiment is a market intelligence company that covers on-chain and social metrics of over 2,500 cryptocurrencies. says More whales have purchased Ether, the native token of the Ethereum blockchain.

CoinJournal recently noted that Ethereum is among the top three most popular coins with whales. In fact, large whales have accumulated ETH to an unprecedented level, exceeding 28.5 million ETH.

Billionaire whales acquire $4.5 billion worth from weak hands to buy ETH

According to Santiment data Ethereum billionaires addresses that have at least 1,000,000 ETH have continued accumulating Ether despite the bear markets.

Since around 11 September, this year, the number whales that have 1 million or more Ether addresses has increased to 132. 

The accumulation started just before the Ethereum merger and continued through September and the first half of October. These top holders added 14% Ether to account for more than $4.5 billion in ETH stolen from weak hands.

🐳 Since September 11th #Ethereum One million or more billionaire whales are residing in 1M+ locations $ETH Collectively, they have added 3.5M additional coins. Their cumulative total has increased by +14%. There are currently 132 of these addresses. https://t.co/iek4uXbJjV pic.twitter.com/dlCdDkO0Bm

— Santiment (@santimentfeed) October 19, 2022

In its latest analytics outlook, the platform points out ETH held by billionaire addresses has reached an all-time high of 28.55 million ETH-  well over $36 billion as per the latest Ethereum price of $1,287 per token.

Elsewhere on-chain data shows Ethereum’s active addresses count has hit its lowest level in 4 months. Santiment claims the trend is stable despite post-merge price stagnation.

😲 #EthereumActive addresses for’s have dropped to 4-month lows and weak hands continue to fall post-#mergeDisinterest has been at an all-time high, as prices have stagnated. Monday marked the beginning of a period when the number of addresses in the network was less than 400k since June 26th. https://t.co/FKXHhg6Z5g pic.twitter.com/1Ekj3bpT0A

— Santiment (@santimentfeed) October 20, 2022

Since mid September, Ethereum has been below $1,000. This is a drop from the highs at $1,470.

This article can be shared
Categories
Tags

Billionaire ETH hold million Whales 2022-10-21
Tags Billionaire ETH hold million Whales
Facebook Twitter Stumble linkedin Pinterest More

Authors

Posted by : rocketman
Previous Article :

OANDA partners Paxos on new US crypto trading service

Next Article :

Polkadot co-founder Gavin Wood steps down as CEO of Parity

Related Articles

Optimism token OP hits all-time high Bedrock upgrade news

Optimism token OP hits all-time high Bedrock upgrade news

rocketman 02 Feb 2023
Ethereum price after Zhejiang testnet launch

Ethereum price after Zhejiang testnet launch

rocketman 02 Feb 2023
LBRY Credits (LBC) shoots up by 90% after being declared not a security

LBRY Credits (LBC) shoots up by 90% after being declared not a security

rocketman 02 Feb 2023

ABOUT ME

lourari bra

lourari bra

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vivamus pulvinar eros id diam gravida, id pharetra ligula cursus. Sed dapibus lectus augue, non volutpat lorem porttitor vel.

Popular Posts

Optimism token OP hits all-time high Bedrock upgrade news
Markets

Optimism token OP hits all-time high Bedrock upgrade news

rocketman 02 Feb 2023
Bitcoin Profit Review 2021: Is It a Scam Or Legit?
Reviews

Bitcoin Profit Review 2021: Is It a Scam Or Legit?

rocketman 22 Jul 2021
Yuan Pay Group review 2021 – Is it a Scam or Legit?
Reviews

Yuan Pay Group review 2021 – Is it a Scam or Legit?

rocketman 26 Jul 2021
Immediate Bitcoin Review: Does it work?
Reviews

Immediate Bitcoin Review: Does it work?

rocketman 27 Jul 2021
Bitcoin Era Review: Is this a scam?
Reviews

Bitcoin Era Review: Is this a scam?

rocketman 27 Jul 2021

Advertisement

Recent Posts

  • Optimism token OP hits all-time high Bedrock upgrade news

    Optimism token OP hits all-time high Bedrock upgrade news

    rocketman 02 Feb 2023
  • Ethereum price after Zhejiang testnet launch

    Ethereum price after Zhejiang testnet launch

    rocketman 02 Feb 2023
  • LBRY Credits (LBC) shoots up by 90% after being declared not a security

    LBRY Credits (LBC) shoots up by 90% after being declared not a security

    rocketman 02 Feb 2023
  • MakerDAO announces a $5M legal defense fund

    MakerDAO announces a $5M legal defense fund

    rocketman 01 Feb 2023
  • Bulls back on top, but all eyes on the Federal Reserve

    Bulls back on top, but all eyes on the Federal Reserve

    rocketman 01 Feb 2023

htmagazine
About HTmagazine was created in 2015 , and covers the intersection of Technology, Lifestyle, Business, Entertainment, and Culture.

Follow us

Newslater

Those an equal point no years do. Depend warmth fat but her but played. Shy and subjects wondered

Random Posts

Optimism token OP hits all-time high Bedrock upgrade news

Optimism token OP hits all-time high Bedrock upgrade news

Ethereum price after Zhejiang testnet launch

Ethereum price after Zhejiang testnet launch

LBRY Credits (LBC) shoots up by 90% after being declared not a security

LBRY Credits (LBC) shoots up by 90% after being declared not a security

MakerDAO announces a $5M legal defense fund

MakerDAO announces a $5M legal defense fund

Bulls back on top, but all eyes on the Federal Reserve

Bulls back on top, but all eyes on the Federal Reserve

Tags

Binance Bitcoin BTC buy CEO crypto cryptos heres launches market places price today token top
© Copyright 2021, All Rights Reserved