Since early 2021, the number of 10,000 ETH wallets has increased from 1,150 to more than 1,250, according to CoinMetrics.
The number of addresses holding large amounts of BTC and ETH has both been growing rapidly since the start of 2021.
Read more in this week’s State of the Network:https://t.co/1XkDeQd4cL pic.twitter.com/mhiNBrAEBf
— CoinMetrics.io (@coinmetrics) February 9, 2021
The number of bitcoin whales has also updated the maximum. The graph shows that since the beginning of the year, the number of wallets with a volume of 1,000 BTC increased from 1,200 to 1,300.
On February 8, the Chicago Mercantile Exchange (CME) launched Ethereum futures. CoinMetrics analysts believe this will increase the flow of assets to the Ethereum Trust Grayscale (ETHE). In their opinion, large players will be able to open short positions on CME and at the same time invest in cryptocurrency, hedging price risks.
On February 9, the Ethereum price surpassed the $ 1800 mark. According to CoinGecko, the capitalization of the asset has reached $ 207 billion. With the rise in the rate of transaction fees in the Ethereum network, new records are being set. On February 5, the average hit $ 25.80, the highest ever recorded, CoinMetrics noted.
In January, Glassnode analysts said large Ethereum holders had pushed the asset’s price to new records.
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