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Ethereum Top Holders' Position Share Increases Year-over-Year, Market Reaction Still "Cautious"
BlockBeats News, November 28th, according to data from glassnode, as of Wednesday, the Ether supply held by the top 1% of addresses has risen to 97.6%, up from 96.1% a year ago.
However, Iliya Kalchev, a scheduling analyst at the digital asset platform Nexo, stated that the market reaction remains "restrained." Stable fund inflows and continually increasing derivative trading activity indicate that investors are selectively rebuilding their portfolios rather than actively rotating within the entire financial system.
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