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Ethereum whales on buying spree as 200 largest wallets hold $125 billion

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While the optimism is returning to the cryptocurrency market, demonstrated by price advances of many digital assets, it seems that Ethereum (ETH) has been recording increased interest from its whales , which currently own nearly $125 billion worth of the second- largest cryptocurrency by market capitalization. Specifically, the 200 Ethereum whales with the most ETH in their wallet s now together hold 62.76 million ETH worth around $124.1 billion , which means that they have 52% of the 120.25 million ETH in circulating supply in their fins, as per the data shared by X user behind the OneArt crypto wallet on November 22. Ethereum Whales on a buying spree! @santimentfeed reports that the 200 largest Ethereum wallets now hold a combined 62.76M $ETH, currently worth $124.1B! They have accumulated 30.3% more coins since November 21, 2022 and now command 52% of Ethereum's circulating supply! — OneArt (Crypto & NFT Wallet) (@art_wallet) November 22, 2023 As it happens,...