Ethereum Whales Hold 57.35% of Supply: Key Insights from Santiment’s Latest Research

According to recent research published by Santiment on December 17, the landscape of Ethereum ownership is shifting. Currently, there are 104 whale addresses that each hold a minimum of 100,000 Ethereum, collectively representing a staggering 57.35% of the total Ethereum supply, equating to approximately $333.1 billion. This trend highlights a concerning decrease in the supply share of wallets with holdings in this range, which has now fallen to an all-time low of 33.46%. Moreover, wallets containing less than 100 ETH have also reached a significant low of 9.19%—the lowest figure observed in almost four years. These statistics are crucial for market participants, indicating a growing concentration of wealth among major investors in the decentralized finance (DeFi) and staking sectors. As the cryptocurrency ecosystem evolves, the accumulation by key stakeholders usually signifies a positive long-term outlook for mature assets.