Editor's Picks News

Large investors actively save Ethereum

The so-called “whales” (holders of a large amount of crypto-currency assets) from the beginning of the current year increased the number of Ethereum coins in their wallets 80%. From January 2017 the number of ETH on the wallets of hontarov increased by 4 times.

During 2018, the number of Ethereum on addresses actively trading large investors increased by 80%, according to research company Diar. Experts analyzed more than 5,200 Ethereum wallet and found out that “whales” now have 20 million coins ($2.2 billion), about 20% of the total emissions.

In the beginning of last year they had 5 million ETH, which is four times less than now. Experts explain such dynamics of the market collapse — many altcoins are traded in pairs with the air, so investors are in the asset. For November 2018. traders withdrew $470 thousand in Ethereum, and the total amount of deposits exceeded 16 million ETH $1.8 billion.

The number of “Ethereum-whales” was reduced by 30% in January. This suggests that the cryptocurrency is now concentrated in an even narrower group of investors.


.

Related posts

Netflix Will Ban Crypto Ads in Upcoming Subscription Tier

Jai Hamid

Another Company is Affected by FTX Bankruptcy and Loses Nearly 300 Million Dollars

Joseph Alalade

Fantom Grew by 175% in the Last Month: New Bullish Cycle on the Horizon?

guido