u.today
Santiment on-chain data aggregator has tweeted that since last year, the ten largest Ethereum wallets have increased their $ETH balance, raising it to a total 23.7 percent of the second biggest cryptocurrency that is circulating out there at the moment.
The rise in the $ETH balance constitutes 4.3 percent compared to March 2021. The currently held amount of 23.7 percent of the total Ether supply is pretty much close to the 5-year high level that these wallets reached in January this year.
🐳 #Ethereum's top 10 #whale addresses hold 4.3% more of the total supply than they did one year ago today. The 23.7% of all $ETH held by these wallets remains very close to the 5-year high levels that it first breached in late January. 👀 https://t.co/WawvxhPUiC pic.twitter.com/DtuNaxiwy6
— Santiment (@santimentfeed) March 26, 2022
According to Glassnode, whales have recently removed a staggering $1.4 billion worth of Ethereum from multiple crypto exchanges, compared to $739.7 million of $ETH inflows. Thus the net flow of Ether to exchanges now totals -$628.1 million.
📊 Daily On-Chain Exchange Flow#Bitcoin $BTC
— glassnode alerts (@glassnodealerts) March 25, 2022
➡️ $1.3B in
⬅️ $1.3B out
📉 Net flow: -$38.2M#Ethereum $ETH
➡️ $739.7M in
⬅️ $1.4B out
📉 Net flow: -$628.1M#Tether (ERC20) $USDT
➡️ $1.2B in
⬅️ $1.2B out
📈 Net flow: +$2.5Mhttps://t.co/dk2HbGwhVw