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.
Robert Ward
- 2023-04-06
Ethereum Whales and Comparing with PulseChain
Santiment's data points to a shift in the Ethereum market indicating that the 10 largest ETH addresses on exchanges are nearing an all-time low. Read more to understand this trend and comparison between Ethereum and Pulsechain in terms of validator advantages.
![CandleFocus Ethereum-Santiment-WhaleRetention-Pulsechain](https://images.candlefocus.com/Ethereum-Whales-and-Comparing-with-PulseChain.jpg)