Unconverted ETH Provide Exceeds 25 Million After 7 Years

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The provision of non-exchange-held Ethereum (ETH) surpassed 25 million on February 25, in line with Santiment Insights.

As famous by Santiment Insights, the final time non-exchange wallets surpassed 25 million was in 2016, marking a seven-year improve over the weekend of February 25-26. improve.

ETH supply held by higher addresses (Source: Sentiment Insights)
Provide of ETH held by prime addresses (Supply: Santiment Insights)

The yellow a part of the chart above represents the availability of ETH saved in non-exchange wallets. The chart displays a big peak in provide on February 25, which pushed the availability to almost 26 million. As of February 26, the overall pool held by non-swapped addresses has reached 24.73 million.

Since September 2022, the availability held in non-exchange wallets has steadily elevated. In the meantime, the quantity of ETH saved in alternate wallets has decreased considerably since late October 2022.

whale handle

Regardless of a rise within the provide of non-switched addresses, knowledge present that the variety of giant whale addresses has declined since December 2021.

ETH Whale Address (Source: Sentiment Insights)
ETH Whale Deal with (Supply: Santiment Insights)

Based on the information, the variety of whale addresses in September 2021 was about 4860. As of February 26, this quantity is 1637, down 66%.

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