Ethereum’s (ETH) price has struggled to keep up over the past two months as the global crypto market cap plunged by roughly $150 billion. As the price dropped, the top 10 non-exchange ETH addresses’ holdings touched a new all-time high (ATH).
According to data from the market intelligence platform Santiment, the top 10 ethereum whales hold roughly $59.47 billion worth of ether — 31.8 million ETH. This move comes as more users move into “self-custody and DeFi options,” per Santiment.
Moreover, as the whales advance, data shows that only 7.29 million coins stay inside the top exchange addresses, worth around $13.65 billion at the time of writing.
The whale moves come as ether drops further. The second-largest cryptocurrency is down by 1.48% in the past 24 hours.
Ethereum is trading at around $1,870 at the time of writing. It has declined by 1.4% over the past month and has witnessed a 0.78% fall in the last 60 days.
On the other hand, ethereum’s 24-hour trading volume has skyrocketed despite the uncertain market conditions. It has risen by 44% and currently standing at $4.7 billion.
Last month, the US Securities and Exchange Commission (SEC) announced that ETH would be accepted for penalty payments. It’s important to note that the SEC still classifies ethereum as a security.
Credit: Source link
Bitcoin 
Ethereum 
Tether 
Solana 
BNB 
XRP 
Dogecoin 
USDC 
Lido Staked Ether 
Cardano 
TRON 
Shiba Inu 
Avalanche 
Wrapped stETH 
Wrapped Bitcoin 
Toncoin 
Sui 
Bitcoin Cash 
WETH 
Chainlink 
Pepe 
Polkadot 
LEO Token 
Stellar 
NEAR Protocol 
Litecoin 
Aptos 
Wrapped eETH 
Uniswap 
USDS 
Cronos 
Hedera 
Internet Computer 
Ethereum Classic 
Render 
Bonk 
Kaspa 
Bittensor 
Ethena USDe 
POL (ex-MATIC) 
WhiteBIT Coin 
Dai 
Artificial Superintelligence Alliance 
Arbitrum 
dogwifhat 
MANTRA 
Monero 
Stacks 
Filecoin 
OKB 
