The number of whales in Ethereum is decreasing The number of addresses that hold more than 10,000 ETH (equivalent to 200 million yen) of virtual currency (cryptographic asset) Ethereum has been found to be decreasing. The data is based on weekly averages published by Glassnode, a blockchain analytics company. The number of large addresses over 10,000 ETH was a record high of 1115 as of December last year (graph below).
Source: Large number of Glassnode ETH
However, after that, it is on a downward trend. On the other hand, as of the end of April, the number of super large addresses holding more than 10,000 BTC (equivalent to 10 billion yen) is increasing.