According to Foresight News, according to IntoTheBlock data, the market dominance of Ethereum's largest holders has steadily increased since 2019, continuing to accumulate more ETH. This accumulation trend further accelerated in early 2023, which coincided with the Shanghai upgrade. Currently, these large addresses control more than 43% of Ethereum's circulating supply, close to the 48% collectively held by retail investors.
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Data: Ethereum’s large-cap investors’ holdings have risen to 43%, close to the total retail investors’ holdings of 48%.
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