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Cryptocurrency whales increase Ethereum stacks by 80% in 2018

Tuesday, December 4, 2018 by Piyush Suthar | Comments

Home News Tech Cryptocurrency whales increase Ethereum stacks by 80% in 2018

There’s no doubt the 2018 bear market has been rough, but some cryptocurrency traders have been taking advantage. Actively trading whales have accumulated more Ethereum this year than at any other time in its history. Blockchain research unit Diar analysed more than 5200 Ethereum addresses to discover cryptocurrency whales who trade regularly are sitting on 80 percent more ETH than the start of the year. In fact, these whales now own over 20 million ETH ($2.2 billion), roughly 20 percent of Ethereum’s circulating supply. This represents a four-fold increase in ETH held by top cryptocurrencers since January 2017, when they owned…

This story continues at The Next Web

Authored by Piyush Suthar
Pro Blogger


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