Whale ownership reaches record highs: HIGH-net-worth individuals and institutions now hold a staggering 57.35% of Ethereum’s supply. Simultaneously, mid-tier wallets have dropped to a historical low of 33.46%, consolidating power among fewer investors and raising concerns for small wallet holders.
Small investors face challenges in accumulation: Small wallets holding less than 100 ETH constitute only 9.19% of the supply, the lowest level in nearly four years. This shift towards whale accumulation could generate significant price movements, indicating a potential bullish trend for Ethereum.