Just 376 People Own 33% of the World’s Ether, Chainalysis Report Says

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Despite controlling a third of ether’s circulating supply, whales are responsible for just 7% of all transaction activity. A third of the world’s ether (ETH) is owned by just 376 people, according to Chainalysis research published on May 15.Despite controlling a large portion of ETH’s circulating supply, the study found these “whales” are responsible for just 7% of all transaction activity.Chainalysis concluded that while these individuals don’t necessarily have a meaningful impact on ETH’s price, they do contribute to market volatility when big sell-offs are made.These figures could be seen as an improvement compared with 2016, when whales owned 47% of…
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Just 376 People Own 33% of the World’s Ether, Chainalysis Report Says

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