Ethereum Price Drops, Crypto Holder Starts Buying ETH Coins
JAKARTA – Long-term investors aka crypto holders are starting to accumulate Ethereum (ETH) in sluggish crypto markets. Data from IntoTheBlock reveals that long-term holders now have a total of 110 million ETH.
At the same time, data from Santiment shows 104 large wallets or whale wallets, each of which has more than 100,000 ETHs, now controls 57% of Ethereum’s total supply of US$33.1 billion (Rp5,329.6 trillion).
The increase in ETH holders can be seen from the increase in their balances so far this year even though the crypto market has started to fall out. The report also notes that 74% of ETH holders have been keeping these assets for more than a year.
Whale wallet, which controls 53% of Ethereum’s…
