What percentage of Ethereum is owned by whales?

3 answers

• Abhijit SutarMar 20, 2023 · 2 years ago
  Whales, or large holders of Ethereum, do have a significant impact on the market. According to recent data, it is estimated that whales own around 40% of the total Ethereum supply. This means that a relatively small number of individuals or entities have a large amount of control over the market. It's important to note that the distribution of Ethereum ownership is not evenly spread, with a majority of the supply concentrated in the hands of these whales. This concentration of ownership can potentially lead to market manipulation and volatility.
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• someoneJul 23, 2023 · 2 years ago
  When it comes to Ethereum, whales play a major role in shaping the market. These large holders, who own a significant percentage of the total supply, have the power to influence prices and market trends. While the exact percentage may vary over time, it is generally believed that whales own a substantial portion of Ethereum. This concentration of ownership can have both positive and negative effects on the market. On one hand, whales can provide liquidity and stability to the market. On the other hand, their actions can also lead to increased volatility and market manipulation. It's a delicate balance that regulators and market participants need to navigate.
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• tiredtianDec 03, 2022 · 3 years ago
  According to data from BYDFi, a leading cryptocurrency exchange, whales currently own approximately 35% of the total Ethereum supply. These large holders have a significant influence on the market, as their buying and selling activities can impact prices and market sentiment. While whales can contribute to market liquidity, their actions can also create volatility and uncertainty. It's important for traders and investors to keep an eye on whale activity and market trends to make informed decisions. Additionally, it's worth noting that the percentage of Ethereum owned by whales can change over time as new holders enter the market or existing holders adjust their positions.
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