Big, greedy Ethereum whales account for 33 percent of cryptocurrency’s supply22

Ethereum whales account for just 7 percent of transaction activity in the market – but they control a third of the cryptocurrency’s entire circulating supply. That’s according to a new study by Chainanalysis which found that although these whales don’t have a sizeable impact on Ether’s price, their large sell-offs do make the market more volatile on a daily basis. For context, whales are defined a...

Original source
http://feedproxy.google.com/~r/TheNextWeb/~3/i5Pl4V8pLg4/

Add comment

Please Sign in to be able to leave comments.