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Ethereum whale wallet holdings have reached their highest level ever, accounting for about 57% of all Ether in existence, according to onchain analytics platform Santiment.
In a Dec. 16 post to X, the platform said that 104 whale wallets holding more than 100,000 Ether ETH $3,841.26 each, collectively hold about $333 billion.
Wallets holding between 10 and 100,000 Ether are at a historic low of 33.5%, and wallets holding less than 100 Ether have a supply ratio of just 9.19%, hitting a near four-year low, all of which may be a long-term bullish indication, especially if the whales keep accumulating. 1 reply
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