{"id":565723,"date":"2021-02-14T14:18:04","date_gmt":"2021-02-14T11:18:04","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=565723"},"modified":"2021-02-14T14:18:04","modified_gmt":"2021-02-14T11:18:04","slug":"eth-held-by-top-100-whale-exchange-addresses-drops-to-27-month-lows","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/eth-held-by-top-100-whale-exchange-addresses-drops-to-27-month-lows\/","title":{"rendered":"ETH Held By Top 100 Whale Exchange Addresses Drops to 27 Month Lows"},"content":{"rendered":"
Quick take:<\/strong><\/p>\n The amount of Ethereum<\/a> held by the top 100 whale exchange addresses has dropped to levels last seen 27 months ago. This is according to data by the team at Santiment that also points out that this drop has had an inverse correlation with the price of Ethereum.<\/p>\n The team at Santiment shared their analysis of Ethereum via the following statement<\/a> and accompanying chart.<\/p>\n Ethereum<\/span>‘s top 100 whale exchange addresses are holding the lowest balance of <\/span>ETH<\/span> tokens (~11.4M) in 27 months. This number has dropped along the way to <\/span>ETH<\/span>‘s new <\/span>AllTimeHigh<\/span>. Watch this inverse correlation between price & exchange whales closely!<\/span><\/p><\/blockquote>\n <\/a><\/p>\n Earlier this week, the team at Glassnode made another observation of an increasing number of Ethereum whales<\/a> holding 10,000 or more ETH. According to the team’s analysis, Ethereum investors in this category have increased at a steep rate in the last 3 months reaching levels last seen in May 2019. The analysis by the team at Glassnode can be found below.<\/p>\n The number of #Ethereum<\/a> addresses holding more than 10,000 $ETH<\/a> (\u2265 $17M) has seen a steep increase in the past 3 months, reaching levels not seen since May 2019.<\/p>\n Chart: https:\/\/t.co\/pIKKSv9MIf<\/a> pic.twitter.com\/n0ehN4aCqd<\/a><\/p>\n — glassnode (@glassnode) February 10, 2021<\/a><\/p><\/blockquote>\n\n
Ethereum Whales Holding 10k+ Increases in the Last 3 Months<\/h2>\n
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