Ethereum price of Ethereum has recently fallen below the $2,000 mark in recent days. While some people may see this as something to be worried about, others see it as an opportunity to buy as many coins as possible. More specifically, whales see this as a big buying opportunity for them and they’re using this dip to fill up on their Ethereum holdings.
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Data on Santiment shows that the top 10 addresses have upped their holdings by 2% in the past month, leading them to own 20.58% of all currency ETH supply in this market. This number puts each address at approximately two million ETH coins each if divided equally amongst the 10 top wallets.
Ethereum Whales Now Slowing Down
The Santiment data shows the buying pattern of the ETH whales over the past couple of months. It shows the buying and selling patterns, and how much the wallets have accumulated so far.
The data shows that the whales had sold off coins when Ethereum had hit its all-time high back in May. The
