Hello HODLers!
Today I would like to share with you the on-chain data provided by Santiment, on-chain and market behavior analyst.
The report shows that Ethereum's 10,000+ token addresses now hold the highest percentage of supply in 40 months (68.5%), while the supply held by addresses containing 10 to 10k Ether is today the lowest since August 2017: 27.8%.
The yellow line in the graph indicates the percentage of supply held by ETH 10k + whales. As you can see from the graph, the amount of Ether held by Ethereum whales holding 10k + ETH has reached its All Time High since November 2017. Ethereum addresses with at least 10,000 ETH now hold 68.56% of the total supply.
We can conclude that in recent months the percentage of Ethereum supply held by whales has increased, while the supply held by addresses containing 10 to 10k Ether has decreased over time.
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