Crypto Blog
Ethereum’s recent momentum appeared to have slowed down, largely due to the pause in ETF-related excitement.
“There’s been a notable increase in #Ethereum addresses holding 10,000+ $ETH, indicating a shift from distribution to accumulation.”disclosed that wallets holding at least 10,000 Ethereum had accumulated 21.39 million ETH over the past 14 months, reflecting a 27% increase in their assets. This accumulation is a positive indicator mirroring Ethereum’s price movements.
Analyzing $100K+ and $1M+ daily ETH transfers, the crypto analytics platform noted that the highest mass whale transaction spikes of the year occurred after the spot Ethereum ETFs were officially approved late last week.
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