{"id":15512,"date":"2022-12-15T21:30:07","date_gmt":"2022-12-15T21:30:07","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ethereum-holders-with-100-1-million-eth-add-2-1-of-supply\/"},"modified":"2022-12-15T21:30:07","modified_gmt":"2022-12-15T21:30:07","slug":"ethereum-holders-with-100-1-million-eth-add-2-1-of-supply","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ethereum-holders-with-100-1-million-eth-add-2-1-of-supply\/","title":{"rendered":"Ethereum holders with 100-1 million ETH add 2.1% of supply"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671136198858-27711907-32dc-4996-9902-838b1996a86b-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671136198858-27711907-32dc-4996-9902-838b1996a86b-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671136198858-27711907-32dc-4996-9902-838b1996a86b-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671136198858-27711907-32dc-4996-9902-838b1996a86b-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><\/picture><\/div>\n<ul>\n<li dir=\"ltr\"><em><strong>Ethereum\u2019s large investors holding at least 100 ETH and up to 1 million ETH increased their overall bags by 2.1% in November.<\/strong><\/em><\/li>\n<li dir=\"ltr\"><em><strong>Amid price fluctuations, sharks and whales scooped 561,000 ETH in two days between 5th and 6th December 2022.<\/strong><\/em><\/li>\n<li dir=\"ltr\"><strong><em>These large investors now hold approximately two-thirds of Ethereum supply.<\/em><\/strong><\/li>\n<\/ul>\n<p dir=\"ltr\">Large <a href=\"https:\/\/coinjournal.net\/ethereum\/\">Ethereum<\/a> investors have been busy these past few days, snapping up more Ether (ETH) amid the latest price downturn for cryptocurrencies.<\/p>\n<p dir=\"ltr\">According to recent data on ETH supply distribution, large addresses holding at least 100 ETH (sharks) and those holding up to 1 million ETH (whales), have aggressively added to their overall holdings. The cumulative holdings for sharks and whales increased by more than 2.1% in the 30 days to 6 December 2022.<\/p>\n<p dir=\"ltr\">Analytics firm Santiment indeed <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/1600525985329270784\" rel=\"noopener noreferrer\" target=\"_blank\">highlighted<\/a> that the overall Ethereum supply held by the addresses with 100 to 1 million ETH jumped by 561,000 in just two days \u2013 between 5th and 6th December.<\/p>\n<p dir=\"ltr\">The cohort has now returned its cumulative bag holdings to pre-merge levels, according to Santiment. Overall, large ETH addresses now hold over two-thirds of the coin\u2019s total supply of 122,373,876 ETH.<\/p>\n<h2 dir=\"ltr\">Negative funding rates eases<\/h2>\n<p dir=\"ltr\">A report by crypto exchange Bitfinex showed that the aggressive accumulation by the large investors came despite ETH prices continuing to fluctuate below $1,300. The increased shark and whale activity has also eased negative funding rates, as noted in the <a href=\"https:\/\/blog.bitfinex.com\/wp-content\/uploads\/2022\/12\/Bitfinex-Alpha-34.pdf\" rel=\"noopener noreferrer\" target=\"_blank\">Bitfinex Alpha Report<\/a>.<\/p>\n<p dir=\"ltr\">While funding rates on Ethereum perpetual contracts remain negative, the report highlights that these have improved significantly month-to-date.<\/p>\n<p dir=\"ltr\">Selling pressure on ETH is also very low compared to other crypto large caps, and there\u2019s no significant liquidation levels at current price levels.\u00a0<\/p>\n<p dir=\"ltr\">On-chain data suggests that Ethereum would have to plummet to $800 to trigger about $50 million in liquidations. Short sellers would have to push prices to around $650 to force $400 million in liquidations.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/ethereum-suppy-whales-add-561000-eth-in-just-two-days\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Ethereum\u2019s large investors holding at least 100 ETH and up to 1 million ETH increased their overall bags by 2.1% in November. Amid price fluctuations, sharks and whales scooped 561,000 ETH in two days between 5th and 6th December 2022. These large investors [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":15513,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/15512"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=15512"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/15512\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/15513"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=15512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=15512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=15512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}