Ethereum's largest whale wallets now control 57% of the total Ether $ETH supply, reaching an all-time high in whale dominance within the Ethereum ecosystem.
Data from blockchain analytics platform Santiment reveals that the top 104 whale wallets, each holding over 100,000 ETH, collectively manage approximately $333 billion worth of Ether.
This accumulation trend among major holders reflects growing confidence in Ethereum, the second-largest cryptocurrency by market capitalization.