Crypto_news
The second largest cryptocurrency, Ethereum, came under strong selling pressure as its price faced a decisive pullback to the $1,750 level. ETH is currently trading down 1.62%. Ethereum bulls continue to show significant strength despite selling pressure . Recently, the top 10 whale addresses have accumulated a staggering 40 million ETH.
Blockchain data provider Santiment reported that the richest Ethereum addresses, both on and off exchanges, continue to accumulate wealth, while Ethereum's market cap remains slightly above $1,560. Currently, about 8.51% of all Ethereum (ETH) is held on exchange platforms, while the top 10 OTC addresses collectively hold a significant fortune of $39.22 million.