{"id":145068,"date":"2024-12-18T15:30:08","date_gmt":"2024-12-18T13:30:08","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145068"},"modified":"2024-12-18T15:16:11","modified_gmt":"2024-12-18T13:16:11","slug":"ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns\/","title":{"rendered":"Ethereum&#8217;s Supply Concentrates in the Hands of Mega Whales, Raising Concerns"},"content":{"rendered":"<p>Data from on-chain analytics provider Santiment has highlighted a growing trend of concentration within <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum\u2019s<\/a> <\/strong>circulating supply. The key metric in focus, &#8220;Supply Distribution,&#8221; tracks how much of Ethereum&#8217;s total supply is controlled by different groups of wallets based on their holdings.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\udc33 There are currently 104 whale wallets holding at least 100K Ethereum. Their combined holdings currently sit at 57.35% of all existing ETH tokens, currently worth ~$333.1B.<\/p>\n<p>Meanwhile, wallets with 100-100K hold their lowest ratio of supply in history, 33.46%. And sub-100 ETH\u2026 <a href=\"https:\/\/t.co\/9qDN3lotQy\">pic.twitter.com\/9qDN3lotQy<\/a><\/p>\n<p>\u2014 Santiment (@santimentfeed) <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/1868814689657893362?ref_src=twsrc%5Etfw\">December 17, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The wallets are categorized into cohorts depending on the amount of ETH they hold. Three significant ranges stand out: wallets holding between 0 to 100 ETH, 100 to 100,000 ETH, and those holding more than 100,000 ETH. The smallest group represents retail investors, whose holdings don&#8217;t significantly affect the market. The middle category, containing both sharks and whales, shows wallets with larger stakes, with whales becoming the most influential.<\/p>\n<p>However, the real dominance comes from the &#8220;mega whales&#8221; \u2014 wallets holding over 100,000 ETH. Currently, just 104 such mega whales control over 57% of Ethereum\u2019s total supply, a figure that has steadily risen. This concentration is particularly significant because the power of these holders can sway the network\u2019s future.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/xrp-set-for-explosive-rally-with-etf-approval-and-market-momentum\/\" title=\"XRP Set for Explosive Rally with ETF Approval and Market Momentum\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/xrpcryptocoins-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">XRP Set for Explosive Rally with ETF Approval and Market Momentum<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>On the other hand, smaller wallet groups, including sharks and mid-sized whales, have seen their influence decline. As of now, wallets in the 100 to 100,000 ETH range hold just 33.46% of the supply, marking a notable drop in their share.<\/p>\n<p>While centralization of any cryptocurrency\u2019s supply raises concerns, Ethereum\u2019s Proof-of-Stake (PoS) consensus model makes this issue particularly critical. With such a high concentration of ETH held by a small number of entities, the risk of centralization grows. If these mega whales, or the platforms managing their holdings, were to control over 51% of the supply, they could potentially dominate the network\u2019s operations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recent on-chain analysis reveals that Ethereum&#8217;s supply is increasingly concentrated in the hands of a small number of large holders, with the biggest addresses continuing to amass more tokens.<\/p>\n","protected":false},"author":9,"featured_media":37136,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-145068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethereum&#039;s Supply Concentrates in the Hands of Mega Whales, Raising Concerns<\/title>\n<meta name=\"description\" content=\"Recent on-chain analysis reveals that Ethereum&#039;s supply is increasingly concentrated in the hands of a small number of large holders...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum&#039;s Supply Concentrates in the Hands of Mega Whales, Raising Concerns\" \/>\n<meta property=\"og:description\" content=\"Recent on-chain analysis reveals that Ethereum&#039;s supply is increasingly concentrated in the hands of a small number of large holders...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptodnes.bg\/en\/ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns\/\" \/>\n<meta property=\"og:site_name\" content=\"Cryptodnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-18T13:30:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/ethereum-9-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1400\" \/>\n\t<meta property=\"og:image:height\" content=\"933\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alexander Zdravkov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Zdravkov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns\/\",\"name\":\"Ethereum's Supply Concentrates in the Hands of Mega Whales, Raising Concerns\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/ethereum-9-1.jpeg\",\"datePublished\":\"2024-12-18T13:30:08+00:00\",\"author\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/4ee541130c110832e7b2b9e3f8e56360\"},\"description\":\"Recent on-chain analysis reveals that Ethereum's supply is increasingly concentrated in the hands of a small number of large holders...\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns\/#primaryimage\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/ethereum-9-1.jpeg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/ethereum-9-1.jpeg\",\"width\":1400,\"height\":933},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"name\":\"Cryptodnes EN\",\"description\":\"Crypto News, Bitcoin Analysis and More\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/4ee541130c110832e7b2b9e3f8e56360\",\"name\":\"Alexander Zdravkov\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/da5cf53a0f55d1d631dba1c627b79f07?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/da5cf53a0f55d1d631dba1c627b79f07?s=96&d=mm&r=g\",\"caption\":\"Alexander Zdravkov\"},\"url\":\"https:\/\/cryptodnes.bg\/en\/author\/alexander_zdravkov\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ethereum's Supply Concentrates in the Hands of Mega Whales, Raising Concerns","description":"Recent on-chain analysis reveals that Ethereum's supply is increasingly concentrated in the hands of a small number of large holders...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptodnes.bg\/en\/ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum's Supply Concentrates in the Hands of Mega Whales, Raising Concerns","og_description":"Recent on-chain analysis reveals that Ethereum's supply is increasingly concentrated in the hands of a small number of large holders...","og_url":"https:\/\/cryptodnes.bg\/en\/ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns\/","og_site_name":"Cryptodnes EN","article_published_time":"2024-12-18T13:30:08+00:00","og_image":[{"width":1400,"height":933,"url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/ethereum-9-1.jpeg","type":"image\/jpeg"}],"author":"Alexander Zdravkov","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Alexander Zdravkov","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptodnes.bg\/en\/ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns\/","url":"https:\/\/cryptodnes.bg\/en\/ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns\/","name":"Ethereum's Supply Concentrates in the Hands of Mega Whales, Raising Concerns","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns\/#primaryimage"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/ethereum-9-1.jpeg","datePublished":"2024-12-18T13:30:08+00:00","author":{"@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/4ee541130c110832e7b2b9e3f8e56360"},"description":"Recent on-chain analysis reveals that Ethereum's supply is increasingly concentrated in the hands of a small number of large holders...","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptodnes.bg\/en\/ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/ethereums-supply-concentrates-in-the-hands-of-mega-whales-raising-concerns\/#primaryimage","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/ethereum-9-1.jpeg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/ethereum-9-1.jpeg","width":1400,"height":933},{"@type":"WebSite","@id":"https:\/\/cryptodnes.bg\/en\/#website","url":"https:\/\/cryptodnes.bg\/en\/","name":"Cryptodnes EN","description":"Crypto News, Bitcoin Analysis and More","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/4ee541130c110832e7b2b9e3f8e56360","name":"Alexander Zdravkov","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/da5cf53a0f55d1d631dba1c627b79f07?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/da5cf53a0f55d1d631dba1c627b79f07?s=96&d=mm&r=g","caption":"Alexander Zdravkov"},"url":"https:\/\/cryptodnes.bg\/en\/author\/alexander_zdravkov\/"}]}},"modified_by":"C0323492922","_links":{"self":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/145068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/comments?post=145068"}],"version-history":[{"count":1,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/145068\/revisions"}],"predecessor-version":[{"id":145071,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/145068\/revisions\/145071"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media\/37136"}],"wp:attachment":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media?parent=145068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/categories?post=145068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/tags?post=145068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}