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CryptoGlobe 2024-09-11 22:55:00

Ethereum (ETH) Whales Quietly Keep Accumulating to Now Control 43% of Supply

Ethereum’s largest token holders have been steadily accumulating more of the second-largest cryptocurrency by market capitalization, effectively increasing their dominance as they do so. According to data shared by on-chain analysis firm IntoTheBlock, Ethereum whales’ accumulation has been consistent since 2019 and accelerated in early 2023 after the network’s Shanghai upgrade, which started allowing staked

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