According to Cointelegraph, Santiment data shows that Ethereum whale wallet holdings have reached an all-time high, holding about 57% of ETH. 104 whale wallets hold a total of $333 billion worth of ETH.
The proportion of wallets holding 100,000 to 100,000 ETH has dropped to a historic low of 33.46%, and the proportion of wallets holding less than 100 ETH is only 9.19%, close to a four-year low. Santiment believes this may be a long-term bullish signal.
Analysts predict that ETH prices could rise as the number of Ethereum addresses hit an eight-month high. ETH prices returned to $4,000 on December 7 and are currently trading at $4,007, 17% lower than their all-time high of $4,891.
Santiment noted that Bitcoin and niche altcoins such as Vanachains and Moca Networks became hot topics. Bitcoin has attracted much attention for breaking through its all-time high of $100,000.
