By Yuri Molchan
Aug 13, 2021
Data shared by Santiment analytics vendor shows that large ETH whales, whose wallets contain more than 100,000 ETH, have largely increased their ETH holdings over the past three years.
Now, these monsters hold almost half of the total Ethereum supply.
Meanwhile, as Ethereum options open interest has hit the $4 billion level (its highest level since May), according to data provided by Bybt, it may signify that the crypto market is getting overheated.
Read more at:Ethereum Wallets with 100K+ Coins Hold 43.7% of Total ETH Supply, Here’s What It Means for Market