Ethereum whales now control 43% of the circulating supply, a significant increase from 22% in early 2023. This accumulation is likely tied to the Ethereum merge and staking opportunities. The number of unique addresses supplying ETH to staking has grown by 8.60% in the past 24 hours, with a cumulative amount of 55.96 million ETH tokens sent to staking. Meanwhile, the price of Ethereum is nearing $3,500, up 2% in the past 24 hours. Bitcoin also experienced a surge, reaching as high as $105,079.



Other News from Today