According to Foresight News, according to Santiment data, there are currently 104 whale wallets holding at least 100,000 Ethereum, a record high. The total holdings of these wallets currently account for 57.35% of all existing ETH tokens, currently worth approximately $333.1 billion. At the same time, the supply ratio of wallets holding 100 to 100,000 Ethereum reached an all-time low of 33.46%. Wallets with less than 100 ETH remained at a nearly 4-year low of 9.19%.
Santiment said, “It is important to note that the second largest market cap is increasingly composed of DeFi and staking wallets. When the most important major stakeholders of a token continue to accumulate, this is generally still a bullish long-term signal. Especially when it is a 9-year-old asset, whales have the highest share of tokens ever.”
