• bitcoinBitcoin (BTC) $ 116,759.00
  • ethereumEthereum (ETH) $ 3,068.88
  • xrpXRP (XRP) $ 2.90
  • tetherTether (USDT) $ 0.999849
  • bnbBNB (BNB) $ 685.79
  • solanaSolana (SOL) $ 162.03
  • usd-coinUSDC (USDC) $ 0.999908
  • dogecoinDogecoin (DOGE) $ 0.194610
  • tronTRON (TRX) $ 0.300093
  • staked-etherLido Staked Ether (STETH) $ 3,064.55
  • cardanoCardano (ADA) $ 0.735167
  • hyperliquidHyperliquid (HYPE) $ 47.57
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 116,476.00
  • stellarStellar (XLM) $ 0.448406
  • suiSui (SUI) $ 3.99
  • wrapped-stethWrapped stETH (WSTETH) $ 3,712.61
  • chainlinkChainlink (LINK) $ 15.86
  • hedera-hashgraphHedera (HBAR) $ 0.230531
  • bitcoin-cashBitcoin Cash (BCH) $ 490.20
  • avalanche-2Avalanche (AVAX) $ 21.43
  • leo-tokenLEO Token (LEO) $ 9.03
  • wrapped-eethWrapped eETH (WEETH) $ 3,285.71
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • wethWETH (WETH) $ 3,066.92
  • the-open-networkToncoin (TON) $ 3.03
  • litecoinLitecoin (LTC) $ 95.46
  • usdsUSDS (USDS) $ 0.999800
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 44.09
  • moneroMonero (XMR) $ 337.58
  • polkadotPolkadot (DOT) $ 4.02
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 116,892.00
  • uniswapUniswap (UNI) $ 9.09
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • pepePepe (PEPE) $ 0.000012
  • bitget-tokenBitget Token (BGB) $ 4.51
  • aaveAave (AAVE) $ 325.11
  • bittensorBittensor (TAO) $ 429.54
  • daiDai (DAI) $ 0.999734
  • pi-networkPi Network (PI) $ 0.441428
  • crypto-com-chainCronos (CRO) $ 0.107808
  • aptosAptos (APT) $ 5.00
  • nearNEAR Protocol (NEAR) $ 2.61
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • internet-computerInternet Computer (ICP) $ 5.57
  • ondo-financeOndo (ONDO) $ 0.927770
  • ethereum-classicEthereum Classic (ETC) $ 18.56
  • okbOKB (OKB) $ 47.43
  • jito-staked-solJito Staked SOL (JITOSOL) $ 197.13
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • algorandAlgorand (ALGO) $ 0.282865
  • mantleMantle (MNT) $ 0.706403
  • kaspaKaspa (KAS) $ 0.086407
  • bonkBonk (BONK) $ 0.000029
  • ethenaEthena (ENA) $ 0.348427
  • usd1-wlfiUSD1 (USD1) $ 0.999637
  • pump-funPump.fun (PUMP) $ 0.006073
  • sei-networkSei (SEI) $ 0.369134
  • vechainVeChain (VET) $ 0.024797
  • cosmosCosmos Hub (ATOM) $ 4.62
  • arbitrumArbitrum (ARB) $ 0.425730
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.227762
  • render-tokenRender (RENDER) $ 3.85
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.031708
  • fasttokenFasttoken (FTN) $ 4.49
  • susdssUSDS (SUSDS) $ 1.06
  • official-trumpOfficial Trump (TRUMP) $ 9.33
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,068.11
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.711197
  • gatechain-tokenGate (GT) $ 15.48
  • worldcoin-wldWorldcoin (WLD) $ 1.05
  • filecoinFilecoin (FIL) $ 2.59
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 116,180.00
  • skySky (SKY) $ 0.077266
  • binance-staked-solBinance Staked SOL (BNSOL) $ 171.85
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.74
  • jupiter-exchange-solanaJupiter (JUP) $ 0.503083
  • kucoin-sharesKuCoin (KCS) $ 11.53
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,217.63
  • usdtbUSDtb (USDTB) $ 0.999489
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997036
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,496.41
  • spx6900SPX6900 (SPX) $ 1.55
  • celestiaCelestia (TIA) $ 1.95
  • usdt0USDT0 (USDT0) $ 1.00
  • nexoNEXO (NEXO) $ 1.31
  • story-2Story (IP) $ 4.35
  • injective-protocolInjective (INJ) $ 13.00
  • fartcoinFartcoin (FARTCOIN) $ 1.22
  • blockstackStacks (STX) $ 0.791485
  • flare-networksFlare (FLR) $ 0.017402
  • xdce-crowd-saleXDC Network (XDC) $ 0.074359
  • optimismOptimism (OP) $ 0.680838
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,281.72
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,223.45
  • sonic-3Sonic (S) $ 0.351315
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 116,710.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999854
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.63
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,232.33
  • dogwifcoindogwifhat (WIF) $ 1.03
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,314.24
  • immutable-xImmutable (IMX) $ 0.535326
  • curve-dao-tokenCurve DAO (CRV) $ 0.729654
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • the-graphThe Graph (GRT) $ 0.100699
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 116,672.00
  • flokiFLOKI (FLOKI) $ 0.000097
  • pax-goldPAX Gold (PAXG) $ 3,337.54
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • clbtcclBTC (CLBTC) $ 117,921.00
  • wbnbWrapped BNB (WBNB) $ 685.94
  • kaiaKaia (KAIA) $ 0.151014
  • iotaIOTA (IOTA) $ 0.222110
  • vaultaVaulta (A) $ 0.548513
  • paypal-usdPayPal USD (PYUSD) $ 0.999448
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 182.18
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.42
  • tether-goldTether Gold (XAUT) $ 3,325.98
  • theta-tokenTheta Network (THETA) $ 0.812050
  • msolMarinade Staked SOL (MSOL) $ 212.05
  • galaGALA (GALA) $ 0.017495
  • jasmycoinJasmyCoin (JASMY) $ 0.016341
  • lido-daoLido DAO (LDO) $ 0.876576
  • raydiumRaydium (RAY) $ 2.88
  • ethereum-name-serviceEthereum Name Service (ENS) $ 23.15
  • the-sandboxThe Sandbox (SAND) $ 0.308610
  • tokenize-xchangeTokenize Xchange (TKX) $ 9.31
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.75
  • saros-financeSaros (SAROS) $ 0.273863
  • aerodrome-financeAerodrome Finance (AERO) $ 0.828651
  • ousgOUSG (OUSG) $ 111.80
  • zcashZcash (ZEC) $ 43.30
  • pyth-networkPyth Network (PYTH) $ 0.120700
  • super-oethSuper OETH (SUPEROETH) $ 3,069.22
  • tezosTezos (XTZ) $ 0.646860
  • bittorrentBitTorrent (BTT) $ 0.00000069
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998063
  • memecoreMemeCore (M) $ 0.410442
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,275.19
  • jito-governance-tokenJito (JTO) $ 1.87
  • falcon-financeFalcon USD (USDF) $ 0.999842
  • pendlePendle (PENDLE) $ 3.99
  • chain-2Onyxcoin (XCN) $ 0.018788
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,222.26
  • walrus-2Walrus (WAL) $ 0.465569
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • morphoMorpho (MORPHO) $ 1.95
  • flowFlow (FLOW) $ 0.391061
  • mog-coinMog Coin (MOG) $ 0.000002
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,068.75
  • tbtctBTC (TBTC) $ 116,534.00
  • wrapped-hypeWrapped HYPE (WHYPE) $ 47.53
  • decentralandDecentraland (MANA) $ 0.311251
  • newton-projectAB (AB) $ 0.008654
  • usual-usdUsual USD (USD0) $ 0.997481
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 116,338.00
  • telcoinTelcoin (TEL) $ 0.006315
  • heliumHelium (HNT) $ 3.05
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 116,803.00
  • coredaoorgCore (CORE) $ 0.540616
  • thorchainTHORChain (RUNE) $ 1.53
  • based-brettBrett (BRETT) $ 0.053464
  • staked-hypeStaked HYPE (STHYPE) $ 47.44
  • bitcoin-svBitcoin SV (BSV) $ 26.47
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,066.88
  • apecoinApeCoin (APE) $ 0.648417
  • conflux-tokenConflux (CFX) $ 0.101431
  • ripple-usdRipple USD (RLUSD) $ 0.999590
  • starknetStarknet (STRK) $ 0.143551
  • usddUSDD (USDD) $ 1.00
  • build-onBUILDon (B) $ 0.497633
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.194680
  • venomVenom (VENOM) $ 0.237015
  • true-usdTrueUSD (TUSD) $ 0.998806
  • beldexBeldex (BDX) $ 0.069018
  • arweaveArweave (AR) $ 7.43
  • syrupMaple Finance (SYRUP) $ 0.446650
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008186
  • stader-ethxStader ETHx (ETHX) $ 3,262.69
  • dydx-chaindYdX (DYDX) $ 0.633122
  • deepDeepBook (DEEP) $ 0.190239
  • 1inch1inch (1INCH) $ 0.332661
  • kavaKava (KAVA) $ 0.425553
  • compound-governance-tokenCompound (COMP) $ 48.65
  • neoNEO (NEO) $ 6.41
  • ether-fiEther.fi (ETHFI) $ 1.20
  • aioz-networkAIOZ Network (AIOZ) $ 0.379180
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,387.16
  • apenftAPENFT (NFT) $ 0.00000045
  • elrond-erd-2MultiversX (EGLD) $ 15.49
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.39
  • dexeDeXe (DEXE) $ 7.43
  • ecasheCash (XEC) $ 0.000021
  • zksyncZKsync (ZK) $ 0.057745
  • axie-infinityAxie Infinity (AXS) $ 2.50
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • swethSwell Ethereum (SWETH) $ 3,358.84
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999908
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004058

Ethereum Holders Show Mixed Signals: Are The Big Players Losing Interest?

0 72

Ethereum Holders Show Mixed Signals: Are The Big Players Losing Interest?

Ethereum (ETH) holders appear to be adopting varying strategies amid ongoing market uncertainty, latest data from CryptoQuant shows.

Particularly, according to a recent analysis by a CryptoQuant analyst under the pseudonym ‘Darkfost,’ a noticeable shift in ETH’s investor behaviour is taking place.

So far, larger holders of Ethereum and smaller retail investors are exhibiting signs of inactivity, while mid-sized holders show a measured increase in their holdings.

This divergence in strategies among these market participants may provide insight into Ethereum’s market sentiment, especially as it faces a decline in dominance, Darkfost revealed.

Detailing The Holders Divergence

Darkfost points out that Ethereum addresses holding more than 100,000 ETH have been largely inactive. This trend is also visible among retail addresses, which typically accumulate smaller amounts of ETH.

Ethereum Holders Show Mixed Signals: Are The Big Players Losing Interest?

In contrast, addresses holding between 10,000 and 100,000 ETH are slowly buying more Ethereum. At the same time, addresses holding between 100 and 1,000 ETH continue to sell off their holdings steadily.

This diverse behavior among different investor segments suggests a complex market outlook for Ethereum. The inactivity of large holders, those with balances exceeding 100,000 ETH, is notable, given their potential impact on the market.

Usually, large holders include institutional investors, exchanges, and major entities that can significantly influence market trends.

Their current reluctance to engage in either buying or selling suggests uncertainty about Ethereum’s near-term prospects. This hesitation might reflect broader market factors, such as the upcoming US Fed rate cuts or the overall performance of the crypto market.

Notably, with the US fed rate cut approaching, large Ethereum holders might be sitting on their hands to see how the market will play out before they put their feet back in the market.

On the other hand, mid-sized investors, specifically those with 10,000 to 100,000 ETH, are gradually accumulating Ethereum. This slow but steady buying indicates a cautious optimism among this group of investors.

These mid-sized holders often represent smaller institutions, crypto funds, or high-net-worth individuals who may be looking to capitalize on potential price gains without significantly impacting the market.

Their gradual accumulation could signal a belief in Ethereum’s long-term potential, even if immediate gains appear uncertain.

Ethereum Current Market Performance

Following an initial rally rising by nearly 5% yesterday, Ethereum has now seen a noticeable pullback in price, dropping below $2,400 once again. Currently, the asset trades at a price of $2,299, at the time of writing down by 2.1% over the past day alone.

Ethereum Holders Show Mixed Signals: Are The Big Players Losing Interest?

Interestingly, despite the noticeable decline, ETH’s daily trading volume remains intact, at roughly above $14 billion from yesterday until now.

Featured image created with DALL-E, Chart from TradingView

Source

Leave A Reply

Your email address will not be published.