Ethereum Whale Selloff Continues As Supply Share Drops Under 75%

10 minutes ago

On-chain data shows the Ethereum wallets with more

Ethereum Whale Selloff Continues As Supply Share Drops Under 75%

Ethereum Whale Selloff Continues As Supply Share Drops Under 75%

On-chain data shows the Ethereum wallets with more than 1,000 ETH have reduced their holdings over the last eleven weeks, shedding 1.5% of the ETH supply.

Looks like the large holders have seen their supply go down in recent weeks | Source: Santiment on X
The trend in the holdings of the top 100 PEPE addresses | Source: Santiment on X
The price of the coin seems to have plunged over the last few days | Source: ETHUSDT on TradingView

Featured image from Dall-E, chart from TradingView.com

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