Whales are joining Ethereum Market

By MakeItReal | MakeItReal | 29 Nov 2020

The growing hype for DeFi and the imminent launch of Ethereum 2.0 is attracting profit-seeking Big Whales.

This is confirmed by the metrics developed by Glassnode, the crypto-analytics provider that monitors movements of on-chain metrics and exchange flows for BTC, ETH, LTC and ERC20s.

Through a tweet, Glassnode published a graph showing the number of ETH addresses holding 10k + coins. On november 28th the number of ETH wallets holding 10k + Ether has reached a new 3 month high of 1,062.

Join Ethereum HODLers Clan in Torum, the crypto-focused social network, to keep you updated on Ethereum news and earn XTM rewards for your daily and weekly engagement. Here you can read an introduction to the project: Introduction to Torum. Sign up using my link and earn 75 XTM airdrop after email and phone verification: https://www.torum.com/signup?referral_code=makeitreal

Resources

Cryptocurrency Ethereum (ETH) DeFi Analysis hodl

How do you rate this article?

MakeItReal

🎓Master's degree in Strategic Management 👑Torum Ambassador 📳Admin of Torum Official Italian Group on Telegram 📳Admin of Hard Rock Crypto on Telegram

MakeItReal

💸 Whether you're new to crypto or a seasoned airdrop hunter, this blog helps you farm, earn, and grow — one click at a time. 👉 Follow and join the journey. Let's Make It Real — together, to the moon 🌕

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.