This chart shows an increasing trend in the number of addresses within each balance range over time, indicating growing demand and accumulation of ETH.

Notably, the increase in addresses with large balances suggests that institutional investors or "whales" are accumulating more ETH.

Black Line: Represents the price of ETH.

Blue Area: Represents addresses holding between 100 and 1,000 ETH.

Orange Area: Represents addresses holding between 1,000 and 10,000 ETH.

Green Area: Represents addresses holding between 10,000 and 100,000 ETH.

Purple Area: Represents addresses holding more than 100,000 ETH.

Written by 우민규 Woominkyu