tldr; Ethereum whales are accumulating significant amounts of ETH despite slow price action, with wallets holding 10,000 to 100,000 ETH increasing their balances to over 21 million coins. Institutional interest is also growing, with firms like JPMorgan building on Ethereum and others adding ETH to their holdings. Exchange reserves of ETH have declined, indicating a shift to self-custody or staking. Ethereum remains dominant in DeFi, holding 68% of total value locked and issuing 64% of stablecoins, while its price hovers near key technical levels.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
4 Comments
tldr; Ethereum whales are accumulating significant amounts of ETH despite slow price action, with wallets holding 10,000 to 100,000 ETH increasing their balances to over 21 million coins. Institutional interest is also growing, with firms like JPMorgan building on Ethereum and others adding ETH to their holdings. Exchange reserves of ETH have declined, indicating a shift to self-custody or staking. Ethereum remains dominant in DeFi, holding 68% of total value locked and issuing 64% of stablecoins, while its price hovers near key technical levels.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Smart whales, I am doing my part as a shrimp
🍩 !tip 1
are these the famous smart money?
Smart! Doing the same, but not in millions sadly
!tip 1