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Glassnode: Giant whales holding more than 10,000 ETH units are accelerating their holdings "

According to online reports, according to Glassnode data, giant whales holding at least 10,000 ETH are accelerating their holdings, even exceeding the level before ETH rose 95% in mid-2022. As of Monday, the total number of ETH held by these giant whales has rebounded from a historical low of 37.56 million in October 2024 to 41.06 million, an increase of 9.31%. This growth rate is almost double that of the period from May to September 2022, when ETH prices rose from about $1000 to $1950. A similar situation occurred from November 2020 to January 2021, when giant whale positions increased by 4%, and the ETH price soared from US$460 to US$1220. History shows that giant whales often begin to accumulate before the market is fully launched.

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