According to data from on-chain analytics firm Santiment, Ethereum shark and whale addresses – those holding between 100 and 1 million $ETH – now own two-thirds of the cryptocurrency’s supply after adding 2.1% more over two days in an accumulation trend. The firm noted that 561,000 $ETH, worth nearly $700 million, went into these addresses as their accumulation saw their holdings move back to pre-Merge levels. (cryptoglobe)
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Ethereum Sharks and Whales Add Nearly $700 Million in $ETH in Two Days
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