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Ethereum Whales Continue to Accumulate, Holding 43% of Total Supply

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According to on-chain data, Ethereum whales have significantly increased their holdings, now controlling about 43% of the total supply. This increase in whale activity reflects growing interest from large investors, particularly since the Ethereum Shanghai Upgrade in 2023. Retail and Investor Divisions Ethereum’s user base is divided into three groups: Retail, Investors, and Whales. Retail …

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