Cryptocurrency : Number of Ethereum addresses holding at least 100 coins plummets as Chinese crackdown looms


Source: explica.co explica.co

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E-mail The number of Ethereum retail holders is declining, as on-chain data suggests. According to updates from Glassnode, the number of Ethereum addresses containing at least 32 and 100 coins has fallen to its lowest levels in 21 months and 3 years, respectively. In particular, the 100 coin holders have fallen to a low of 42,342, a drop from the peak of more than 53,000 holders reached towards the last quarter of 2020. There has been a large increase in interest in the broader cryptocurrency markets, with Ethereum trailing Bitcoin (BTC) in terms of institutional and retail investor interest and...