Ethereum Whales Have Accumulated 'Millions' of ETH Tokens in 2023
Ethereum WHALES have been adding ETH tokens to their stashes, despite the humdrum market conditions. A recent Analysis tweet by IntoTheBlock revealed that Ether WHALES “are on the rise,” and so are their holdings. The on-chain analytics platform specifically noted that large market participants currently hold 30.07 million ETH. For context, they only possessed 26.56 million tokens in the beginning of the year. This means, they’ve collectively added more than 3.51 million ETH in 2023. Chalking out the essence of the rise in holdings, IntoTheBlock tweeted, “ The increasing holdings of addresses holding over 0.1% of the supply suggest ongoing accumulation. “ Ethereum whales are on the rise! They now hold 30.07 million $ETH, up from 26.56 million $ETH in early 2023. The increasing holdings of addresses holding over 0.1% of the supply suggest ongoing accumulation. Check out the details https://t.co/TisVKZ9Qjg#Ethereum #Whales pic.twitter.com/xBP2hgrUBV — IntoTheBlock (@...