© Reuters Glassnode: Whale Activities Dropping on Bitcoin and Ethereum
- Glassnode shows whale participation is fading away for and .
- Number of ETH addresses holding up to 1,000 coins and above reached a one-month low.
- Whales are taking profit from recent market rallies.
On-chain analysis platform, Glassnode shows whale participation is fading away on the network of the two frontline cryptos, Bitcoin and Ethereum. According to details reported by the on-chain market intelligence platform, the BTC amount of supply last active for three to five years has dropped to a two-year low. The platform also reported that the number of Ethereum wallets holding ETH tokens of 10,000 and above also fell to a 1-month low.
#Bitcoin $BTC Amount of Supply Last Active 3y-5y (1d MA) just reached a 2-year low of 2,144,828.279 BTCPrevious 2 …
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