Ethereum

bullish

Bitcoin

DeFi

Vana

<p>Despite being considered a slow evolution, the Ethereum crypto seems to be embarking on a sustainable upward trajectory. With a significantly evolving asset distribution, some analysts anticipate a historic breakthrough for ETH by 2025. This dynamism is notably supported by recent massive accumulations by the “whales” wallets, suggesting a long-term strategy that could disrupt the markets.</p> 
<h2 id="h-104-ethereum-whales-hold-57-of-the-total-supply">104 Ethereum whales hold 57% of the total supply</h2> 
<p>Crypto whales, these investors holding colossal volumes, are strengthening their <strong>grip on <a href="https://www.cointribune.com/ethereum-quest-ce-que-cest-et-comment-cela-fonctionne/" target="_blank" rel="noreferrer noopener">Ethereum</a></strong>. According to the analysis platform Santiment, <strong>104 wallets</strong> each possessing more than 100,000 ETH now hold <strong>57.35% of the total supply</strong>, amounting to approximately 333 billion dollars.</p>
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<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
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     <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f433.png" alt="🐳" class="wp-smiley" style="height: 1em; max-height: 1em;"> There are currently 104 whale wallets holding at least 100K Ethereum. Their combined holdings currently sit at 57.35% of all existing ETH tokens, currently worth ~$333.1B.<br><br>Meanwhile, wallets with 100-100K hold their lowest ratio of supply in history, 33.46%. And sub-100 ETH… <a href="https://t.co/9qDN3lotQy">pic.twitter.com/9qDN3lotQy</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1868814689657893362?ref_src=twsrc%5Etfw">December 17, 2024</a>
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<p>This <strong><a href="https://cointelegraph.com/news/104-whale-wallets-hold-57-percent-ethereum-bullish-sign-santiment" target="_blank" rel="noreferrer noopener">historical record</a></strong> raises questions about the future of this altcoin.</p> 
<p>Meanwhile:</p> 
<ul> 
 <li>The average wallets (between 10 and 100,000 ETH) reach a historically low ratio of 33.5%;</li> 
 <li>The small wallets (less than 100 ETH) now represent only 9.19% of the total supply, a low not seen in nearly four years;</li> 
 <li>The daily active addresses on Ethereum recently surpassed 130,200, a peak in eight months.</li> 
</ul> 
<p>“<em>Seeing a 9-year-old asset with such a concentration of coins among the whales is generally a bullish sign for the long term</em>,” points out Santiment.</p>  
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<p>This dynamism could indicate a <strong>growing confidence in Ethereum</strong>, despite its apparent volatility and its current price, still 17% lower than its record in 2021.</p> 
<h3 id="h-crypto-traders-speculate-on-a-comeback"><strong>Crypto traders speculate on a comeback</strong></h3> 
<p>Crypto traders are monitoring the evolution of the <a href="https://www.cointribune.com/en/crypto-markets/ethereum-eth-en/" target="_blank" rel="noreferrer noopener">Ethereum price</a>, especially since it crossed <strong>the $4,000 mark at the beginning of December</strong>, a level it hadn’t reached since March. This progression fuels <strong>optimistic hypotheses for 2025</strong>, with the potential to surpass its historic peak of $4,891.</p> 
<p>However, investor attention is not limited to Ethereum. According to <a href="https://x.com/santimentfeed/status/1868750363215774156" target="_blank" rel="noreferrer noopener">Santiment’s social data</a>, Bitcoin and some altcoins like Vanachains and Moca Networks are also generating significant interest.</p> 
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   Bitcoin, Vana and Moca lead the crypto conversation topics and a new week starts strong – Source: Santiment
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<p><strong>Bitcoin</strong>, in particular, continues to dominate discussions after surpassing the <strong>$100,000 mark this year</strong> for the first time.</p> 
<p>Nonetheless, Ethereum retains a major asset: its <strong>central place in the DeFi ecosystem and the <a href="https://www.cointribune.com/en/crypto-the-rise-of-ethereum-staking-attracts-investors/" target="_blank" rel="noreferrer noopener">staking</a></strong>. This dual role, combined with the accumulation by the whales, strengthens its strategic position among traders and institutional investors.</p>
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<p>Just yesterday, 108,521 ETH left the exchanges, indicating that these assets are likely heading towards cold wallets. This trend could reflect a strategic revision by investors, suggesting <a href="https://www.cointribune.com/en/418m-in-ethereum-removed-from-exchanges-in-one-day/" target="_blank" rel="noreferrer noopener">an imminent rally</a> for Ethereum.</p>

Ethereum: Record Concentration Among Whales, A Worrying Sign Or A Bet On The Future?

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