CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Coin Edition 2023-09-20 13:28:47

ETH Holdings Shrink, Leaving the Altcoin at the Mercy of Bears

On-chain analytic platform Glassnode shared that the number of addresses holding 1,000 Ethereum (ETH) coins hit a 5-year low. According to the disclosure, the decrease caused the number of addresses with such an amount in their portfolio to fall to 6,082. A simple interpretation of the data means that some long-term holders of ETH have The post ETH Holdings Shrink, Leaving the Altcoin at the Mercy of Bears appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.