Top 10 Ethereum Wallets Now Hold 23.7% of Total ETH Supply: Santiment

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Yuri Molchan

Recently published data shows the ETH balance of the top 10 Ethereum addresses is close to its all-time high

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Holiness on-chain data aggregator has tweeted that since last year, the top ten Ethereum wallets have increased their ETH balances, making it a total of 23.7 percent of the second-largest cryptocurrency currently circulating.

The increase in ETH balance is 4.3 percent from March 2021. The currently held amount of 23.7 percent of total Ether stock is pretty close to the 5-year high that these wallets have reached. reached in January of this year.

According to Glassnode, Whales recently withdrew as much as $1.4 billion worth of Ethereum from multiple crypto exchanges, compared to $739.7 million in ETH inflows. So the net flow of Ether to exchanges is now -$628.1 million.

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