CryptoQuant: Addresses Holding Over 100,000 ETH Stable, Addresses Holding 100-1,000 ETH Steadily Selling
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September 18, 2024
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ChainCatcher reports that CryptoQuant, an on-chain analytics firm, has stated on the X platform that uncertainty in the ETH market is leading to divergent strategies among holders. Large holders (holding 100,000 ETH or more) are holding steady, while medium holders (holding 10,000 to 100,000 ETH) are slowly accumulating, and small holders (holding 100 to 1,000 ETH) are steadily selling. This trend may also be linked to the decline in ETH's dominance.
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