According to Odaily, data from Santiment reveals that the number of small Ethereum wallets, holding 10 or fewer ETH, continues to rise, reaching a record high of 121.74 million.
In contrast, the number of 'Smart Money' wallets, those holding between 10 and 10,000 ETH, has decreased by 5.8% over the past year. Furthermore, the number of large 'whale' wallets, holding more than 10,000 ETH, has decreased by 10.6%.
This data suggests a shift in the distribution of Ethereum holdings, with a growing number of smaller wallets and a decrease in larger ones. The reasons behind this trend are not specified in the report.