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New Ethereum Whale Addresses Hit New All-Time High This Weekend: Santiment

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Mon, 26/04/2021 - 12:10
New Ethereum Whale Addresses Hit New All-Time High This Weekend: Santiment
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Data shared by popular analytics service Santiment demonstrates that, this weekend, the number of Ethereum whale addresses soared to reach a new all-time high.

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Record level of 1,311 ETH whale addresses

A tweet published by Santiment today shows that ETH whale wallets that hold a minimum of 10,000 coins have surged in number and reached 1,311 wallets: a new all-time high.

The Twitter post also shows that 80.34 million ETH are held in wallets with at least 10,000 ETH each. At the current ETH price, this is equal to $198.1 billion, or more than 10,000 ETH per whale wallet.

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Number of active ETH addresses spikes to an ATH

As reported by U.Today on Saturday, ETH wallets that have been actively sending and receiving ETH saw a new all-time high of 701,974.

This figure was recorded on April 21 by Glassnode analytics company. The previous peak figure totaled 518,270 on April 15.

A similar increase to last week's rise was seen back in early January 2018 when ETH hit its all-time high of $1,300.

The latest historic peak reached by the second-largest cryptocurrency by market cap was noted on April 22 on the Bitstamp exchange, where ETH rose to $2,575.

At press time, ETH is trading at $2,486 on the Binance exchange.

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Ethereum Active Addresses See Mind-Blowing Rise This Week

TVL in ETH 2.0 contract expected to hit $4 billion

The team behind the @eth2validators, whose Twitter account shared data on ETH 2.0 validators, is making progress. New ETH locked in the deposit contract should, in two days, hit a whopping $4 billion.

The calculations are based on the fact that approximately 350 new validators join the new network on a daily basis.

As of April 24, their total number was 123,211, with 3,961,250 ETH locked in the deposit contract. That is 3.4 percent of the overall ETH circulating supply.

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