On the 1st of March, Ethereum’s top 10 non-exchange whale addresses accumulated 1.03 million ETH in a 24 hour period. This amount that is roughly valued at $1.6 billion, is the highest one-day jump in the accumulation of ETH in 6 weeks.
The team at Santiment was the first to identify this event and also added that the same top 10 whale addresses now hold approximately 16.86 million ETH. The team shared their observation via the statement below and accompanying chart.
source:
https://en.ethereumworldnews.com/ethereums-top-10-non-exchange-whales-accumulate-1-03m-eth-in-one-day/Summary:
Ethereum’s top 10 non-exchange whales accumulated 1.03 million ETH in a single day
This is the highest one-day accumulation in 6 weeks
The Ethereum whales now own a combined 16.86 million ETH
Ethereum’s price is currently being affected by uncertain global markets
does this show ETH's slump?