Ethereum whales are increasing their holdings at an unprecedented pace, now controlling 43% of the total supply. This marks a significant leap from early 2023, when their share was just 22%. The surge in accumulation is likely linked to the Ethereum Merge and the lucrative opportunities provided by staking. Ethereum whales keep accumulating and now hold 43% of the supply. This is a significant increase from early 2023, when whale holdings were just 22%. The surge in accumulation is likely tied to the Ethereum merge and the opportunities in staking pic.twitter.com/XHsa9oYZOC — IntoTheBlock (@intotheblock) January 17, 2025 Whale Accumulation Accelerates
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