The data revealed by Santiment's market analysis indicates that there may be a shift taking place in the Ethereum market. It seems that the top 10 largest ETH addresses on exchanges are nearing an all-time low while the 10 largest non-exchange holders are increasing. This suggests that ETH whales are possibly intending to hold onto their tokens for a longer period of time. Conversely, Crypto expert Richard Heart points-out that PulseChain has more burn than Ethereum and much less inflation, leading some to wonder if it is a better option for validators.

Ethereum is currently trading down by 1.03% on the day, being sold for $1,891.05 according to CoinMarketCap. On a weekly basis, ETH is still in the green with a 5% gain. Additionally, its 24-hour trading volume has decreased by 21%, settling at a rather low $9,214,051,507.

It is important for investors to do their research and understand their options before making any moves. Regardless, the data shared by Santiment provides insight into the trend of Ethereum whales and a comparison between Ethereum and PulseChain in terms of their validator advantages.



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