Ethereum Whales Control 23% of Circulating Supply
- Ethereum whales control 23% of circulating supply.
- Exchange reserves approach low levels.
- Staking dynamics reduce liquid supply significantly.
Ethereum’s big investors, often referred to as whales, now control over 23% of its circulating supply, as reported by leading on-chain analytics platforms.
The trend indicates a shift towards self-custody and staking, impacting liquidity and market dynamics significantly.
Ethereum whales now control over 23%
of the asset’s supply, according to on-chain data. Recent trends show increasing holdings among large ETH wallets, which impacts liquidity and market structure significantly. Data from sources like Glassnode details that whale cohorts continue to accumulate, leading to reduced exchange balances system-wide. Both CryptoQuant and Santiment confirm these trends. The actions taken have significantly shifted market dynamics.
Immediate effects are felt
as exchange reserves dwindle, impacting market liquidity negatively. The reduced supply of Ethereum on centralized exchanges has implications for spot liquidity and market pricing. The financial impact is pronounced with decreased liquidity, influencing pricing structures and market behavior in the short term. Stakeholders might see changes due to these shifts.
Technological innovations like L2 scaling are being watched closely as potential solutions to liquidity concerns arise. Trend analysis from previous staking and exchange balance cycles provide insights into future market developments. Potential outcomes include heightened regulatory scrutiny on large wallets and innovation in staking protocols. Historical data shows that liquidity changes align with cycles of increased market activity and adoption.
Reduced exchange balances and structural staking demand compress the available float; that’s rocket fuel when spot demand returns.” – Arthur Hayes, former CEO, BitMEX. Source
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Scienjoy's Strategic Resilience: Navigating Revenue Slumps and AI-Driven Growth in a Competitive Landscape
- Scienjoy reported a 5.3% revenue drop in Q2 2025 due to declining paying users in China’s live streaming market. - Despite this, the company improved gross margins to 18.2% through cost cuts and focused R&D on AI/AIGC platforms like AI Vista and AI Performer. - Scienjoy is aggressively expanding into the MENA region, with a 587% surge in marketing expenses, targeting tech-savvy audiences. - The stock’s 12x P/E ratio suggests undervaluation, but risks include China’s competitive market and execution chall
A New AI Safety Frontier: Cross-Lab Testing to Unite the Industry
- OpenAI's Ilya Sutskever advocates cross-lab testing to strengthen AI safety amid rapid technological advancements and industry-wide risks. - Anthropic's browser-based Claude pilot highlights security challenges like prompt injection attacks, prompting enhanced mitigation strategies. - A study reveals poor compliance with voluntary safety commitments by major AI firms, including Apple, questioning self-regulation effectiveness. - Cloud Security Alliance's AI Safety Initiative offers frameworks and RiskRub
Solana News Today: Sharps Seals $400M Bet on Solana’s Future as Corporate Treasury Standard
- Sharps Technology raised $400M via PIPE to build the largest Solana (SOL) digital asset treasury, backed by ParaFi, Pantera, and FalconX. - The deal includes a 15% discounted SOL purchase from Solana Foundation and leverages institutional confidence in the blockchain's growth metrics. - New CIO Alice Zhang highlighted Solana's potential as a settlement infrastructure, while advisor James Zhang emphasized its leadership in staking yields and transaction volume. - STSS surged 54% pre-market, reflecting mar
Solana News Today: Solana's Tech Surge Powers $250M USDC DeFi Boom
- Solana's DeFi ecosystem saw $250M in USDC stablecoins minted, reflecting growing demand for low-cost, high-speed blockchain solutions. - The platform's hybrid Proof-of-History/PoS consensus enables thousands of transactions per second with minimal fees, attracting global users and developers. - Institutional and retail adoption is rising as Solana supports complex DeFi applications like lending platforms and NFT integrations through scalable infrastructure. - Companies like Trioangle are accelerating inn
Trending news
MoreCrypto prices
More
