104 #Whales Now Control Over 57% of #Ethereum’s Total Supply 🐋

Did you know? 104 wallets holding 100,000 $ETH or more (that’s ~$400 million per wallet!) now control a staggering 57.35% of #Ethereum's total supply – marking a new all-time high!

💰 These wallets collectively own 83.81 million #ETH , valued at $335.2 billion.

Meanwhile, smaller holders – the so-called sharks (100-100,000 $ETH ) and shrimps (up to 100 $ETH ) – are seeing their share hit new lows.

Ethereum's market capitalization has officially surpassed that of Mastercard, a significant milestone for the cryptocurrency. With a current market cap of $485 billion compared to Mastercard's $484 billion, Ethereum's rapid growth and increasing adoption as a platform for decentralized finance (DeFi) and non-fungible tokens (NFTs) have propelled it to new heights. This achievement solidifies #Ethereum's position as a major player in the global financial landscape and underscores the potential of blockchain technology to disrupt traditional financial systems. $ETH #Share1BNBDaily

@VitalikButerin on X

One application of #AI that I am excited about is AI-assisted formal verification of code and #bug finding.

Right now #ethereum's biggest technical risk probably is bugs in code, and anything that could significantly change the game on that would be amazing.
$ETH