104 wallets hold record amount of ETH: Currently, 104 Ethereum whale wallets hold at least 100,000 ETH each, representing 57.35% of the total Ethereum supply and an estimated value of 333.1 billion USD.
Low supply in smaller wallets: Meanwhile, wallets with 100 to 100,000 ETH now account for 33.46% of supply, marking a historic low, with those holding less than 100 ETH also nearing a four-year low at 9.19%.
Bullish signal for market performance: The growing dominance of these whale wallets, especially integrated into DeFi and staking, suggests a bullish long-term signal for Ethereum’s market performance.