CryptoQuant: Addresses Holding Over 100,000 ETH Remain Stable, Addresses Holding 100-1,000 ETH are Steadily Selling
Article is form Jinse
September 18, 2024
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CryptoQuant, an on-chain analytics firm, stated on X that the uncertainty in the ETH market is causing a divergence in holder strategies. Large holders (holding over 100,000 ETH) are holding steady. Medium holders (holding between 10,000 and 100,000 ETH) are gradually increasing their holdings. Small holders (holding between 100 and 1,000 ETH) are steadily selling. This trend could also be related to the decline in ETH's dominance.
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