So, according to Glassnode (whoever that is), the top 1% of ETH addresses now own 97.6% of the circulating supply. Big deal. Last year it was 96.1%. Shocking. These whales are basically playing Monopoly with real money, and we’re the hats and shoes 🎩🎲.
Apparently, this hoarding aligns with “renewed appetite” from institutional products. Translation: the big boys are back, and they’re hungry for more 🍽️.
U.S. spot ETH ETFs had four days of positive inflows, with $60 million on Wednesday alone. Farside Investors says so. ETFs are like the cool kids in school – everyone wants in, even if they don’t know why 🤓.
Some ICO dude sold 20,000 ETH ($58.14M) via FalconX 11 hours ago. This guy (0x2eb0) got 254,908 ETH during the ICO for $79K, now worth $757M. Nice work if you can get it 💼💎.
– Lookonchain (@lookonchain)
Meanwhile, an Ethereum OG cashes out after 11 years – finally buying that island 🏝️
While the big wallets are buying, one of Ethereum’s original buyers is selling like it’s Black Friday. Wallet 0x2Eb dumped $60M worth of ETH this week. This guy paid $0.31 per ETH in 2014, bought 254,000 tokens for $79K, and now it’s worth $757M. Talk about a return on investment 🚀.
He’s been selling since September, no panic, just chilling. After the latest sale, he’s still sitting on $9.3M in ETH. Not a bad retirement plan 🧓.
Traders are arguing – because that’s what they do 🤷♂️
Some say it’s normal profit-taking. Others think it’s a sign of doom. Classic market drama. But the data says he’s just gradually selling, no big deal. Unless you’re the one buying, then it’s a big deal 🛒.
Analysts call it “rebuilding exposure” – or just fancy talk for buying low 📉
Iliya Kalchev from Nexo says investors are being “selective,” whatever that means. Derivatives and ETFs are driving demand, not memes or hype. Boring, but probably smart 🤓.
Everyone’s watching the Fusaka upgrade, but ETH buyers are more interested in market structure than headlines. How adult of them 🗞️.
Disclaimer: This is not financial advice. Don’t sue us if you lose your life savings. Do your own research, or just flip a coin – it’s basically the same thing 🪙.
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2025-11-28 19:33