Ethereum accumulation trend hits new highs following FTX implosion

Ethereum whales and sharks have been accumulating Ether (ETH) at a record rate since the FTX crash, Santiment reported on Nov. 30.

The market intelligence platform revealed that wallets holding between 100 and 100,000 ETH had reached a 20-month high. In addition, ETH addresses with a non-zero balance and addresses holding up to 1 ETH have all reached a new all-time high.