{"id":19624,"date":"2024-12-17T15:50:00","date_gmt":"2024-12-17T13:50:00","guid":{"rendered":"https:\/\/forklog.com\/en\/santiment-reports-on-ethereum-whales-holding-over-100000-eth\/"},"modified":"2024-12-17T15:50:00","modified_gmt":"2024-12-17T13:50:00","slug":"santiment-reports-on-ethereum-whales-holding-over-100000-eth","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/santiment-reports-on-ethereum-whales-holding-over-100000-eth\/","title":{"rendered":"Santiment Reports on Ethereum Whales Holding Over 100,000 ETH"},"content":{"rendered":"<p>Currently, 104 wallets each hold at least 100,000 ETH (~$400 million). Their combined balance of 83.81 million ETH (~$333.1 billion) represents a record 57.35% of the Ethereum supply, according to Santiment.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">? 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 share of addresses holding between 100 and 100,000 ETH has reached a historic low of 33.46%.<\/p>\n<p>Wallets with balances under 100 ETH account for 9.19% of the supply <em>\u2014<\/em> the lowest level since January 2021.<\/p>\n<p>Assuming that more addresses are engaged in staking and DeFi, the current market structure with continued accumulation by large investors is seen as a long-term bullish signal, according to Santiment analysts.<\/p>\n<p>Earlier, VanEck predicted the second-largest cryptocurrency by market cap to reach $6,000, Bitwise forecasted $7,000, and CryptoQuant anticipated above $5,000.<\/p>\n<p>In early December, CoinDesk analyst Omkar Godbole noted the formation of a bullish pattern on the asset&#8217;s chart, which preceded Bitcoin&#8217;s November rally.<\/p>\n<p>An analyst known as VentureFounder identified a &#8220;cup and handle&#8221; pattern in Ethereum, indicating a rise to $7,200 within four months.<\/p>\n<p><span id=\"docs-internal-guid-ecec1bf4-7fff-ef3c-fc63-057d38e18a6c\"><\/p>\n<p dir=\"ltr\" style=\"line-height:1.2;margin-top:0pt;margin-bottom:0pt;\">\n<div><span style=\"font-size: 11pt; font-family: Arial, sans-serif; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline;\"><\/span><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Currently, 104 wallets each hold at least 100,000 ETH (~$400 million). Their combined balance of 83.81 million ETH (~$333.1 billion) represents a record 57.35% of the Ethereum supply, according to Santiment. ? There are currently 104 whale wallets holding at least 100K Ethereum. Their combined holdings currently sit at 57.35% of all existing ETH tokens, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,1156,1145,1478],"class_list":["post-19624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-institutional-investors-and-whales","tag-market-analysis","tag-santiment"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/19624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=19624"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/19624\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/19623"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=19624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=19624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=19624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}