Ethereum is having difficulty keeping its richest investors in line as its native token, Ether (ETH), hints at logging more losses in the near term.
Blockchain data analytics service Glassnode revealed that the number of Ethereum addresses holding at least 1,000 ETH dropped to 6,292 this Monday, the lowest reading since April 2017. At its year-to-date peak, the numbers were 7,239 in January.
Number of Ethereum addresses with balance of at least 1,000 ETH. Source: GlassnodeNumber of Ethereum addresses with a balance of at least 10,000 ETH. Source: GlassnodeNumber of Ethereum addresses with a balance of at least 0.1 ETH. Source: Glassnode daily price chart featuring falling wedge. Source: TradingViewETH/USD daily price chart featuring falling wedge targets. Source: TradingViewETH/USD three-day price chart. Source: TradingView, Pentoshi
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Disclaimer:Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Ethereum is having difficulty keeping its richest investors in line as its native token, Ether (ETH), hints at logging more losses in the near term.
Blockchain data analytics service Glassnode revealed that the number of Ethereum addresses holding at least 1,000 ETH dropped to 6,292 this Monday, the lowest reading since April 2017. At its year-to-date peak, the numbers were 7,239 in January.
Number of Ethereum addresses with balance of at least 1,000 ETH. Source: GlassnodeNumber of Ethereum addresses with a balance of at least 10,000 ETH. Source: GlassnodeNumber of Ethereum addresses with a balance of at least 0.1 ETH. Source: Glassnode daily price chart featuring falling wedge. Source: TradingViewETH/USD daily price chart featuring falling wedge targets. Source: TradingViewETH/USD three-day price chart. Source: TradingView, Pentoshi
Continue Reading on Coin Telegraph
Disclaimer:Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
