The Unprecedented Ethereum Giga Whales Buying Frenzy

Ethereum Whales Continue to Amass Record Amounts of ETH

In the world of cryptocurrencies, Ethereum has long been regarded as the king of altcoins. And it seems that Ethereum whales, the individuals or entities that hold large amounts of the cryptocurrency, are showing their unwavering support for the digital asset. Recent on-chain data from Santiment reveals that these whales have been on a buying spree, accumulating a record high of 56.25 million ETH, which represents a staggering 46.8% of Ethereum’s total circulating supply.