Ethereum's Billionaire addresses have increased their cumulative holdings by 14% in the past month and now control an all-time high of Eth

Currently, the top 132 holders of Ethereum currently hold 28.55m Eth - or roughly 23.3% of Eth's entire supply. They have added 14% more of their Eth holdings in just over a month.

https://preview.redd.it/efy5q5j3dhv91.jpg?width=2809&format=pjpg&auto=webp&s=dd58ade55d6a117cb1b1abfc327de0fc4d4f3223

Conversely, the Ethereum's 'shark and whale addresses' - who hold 100,000 to one million ETH - have dumped 3.2 Eth in the past 5 weeks, or 4.2 billion worth of Ethereum. The movement of these addresses have co-related to the Eth price movements and the Eth/BTC ratio in the past 3 months.

https://preview.redd.it/tplsxuksdhv91.jpg?width=2788&format=pjpg&auto=webp&s=a7d22ec88f0fb27bbf0db5f3100fdd3631ea15ed

With the Billionaire holders - the Blue Whales - moving against the sharks and average whales, who do you think is going to come up top? Certainly it's fascinating to see an battle of such mammoth proportions, where even someone who owns 100,000 Eth would seem like a small fry in relation to these Ethereum whales.

If I was a betting man, I would be surprised if the 'sharks' actually manage to outmanoeuvre the blue whales over time. But hey, who knows?

Source: https://dailyhodl.com/2022/10/22/ethereum-whale-abruptly-moves-over-124000000-in-eth-heres-where-the-cryptos-going/

Submitted October 22, 2022 at 11:19PM by Every_Hunt_160 https://ift.tt/Zz1eygq https://ift.tt/S2UzicG