Ethereum Account balance analysed
decentralised.co
What are we doing now, is this upward movement just based on some low stake buyers?
Ethereum Account balance analysed
decentralised.co
What are we doing now, is this upward movement just based on some low stake buyers?
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They are shifting to ADA, where the whale wallets have increased x2 the last 5months.
>peak right before and after the dump and bulltrap
>my oh my this whales surley are smart
Just seeing a bunch of
>green numbers
on your site, but nothing I understand.
Where is the graph i need to look at.
open up here comes the airplane
long time holders are actually dumping, check the data on grayscale, sentient has insufficient data
link?
Non exchange top holders line is decreasing...
The number - Amount in non-exchange top holders - is the important number, isnt it.
Then strech you graph to max amount of time.
Also invest some time to read the article.
More coins on exchnages is more risk of big movements. If the amount in non-exchange top holders - decrease and the other one increase, does just mean that we dont know anything...
fuck it.
This model may validate a thesis i’ve long held, that the price run for ethereum was mainly ICO driven and will likely never return to ATHs unless a similar mechanism is found. ICO wallets populated the 1,000-10,000 eth range and all they do is sell to support development, or to fund their lifestyle after scamming you.
Since many people were just using ETH as the vehicle to get into ICOs, it created huge upward demand and the price of ethereum didn’t matter to the ICO investor since they wouldn’t hold the token longer than an hour. The ETH was then held in wallets by the team and sold off periodically, creating downward pressure.
Likely ETH returns to double digit shitcoin status long term if it can’t find another mechanism than incentivizes people to buy at any price and be held.
screencap this
for future keks
The reason they're not accumulating is because ETH is dogshit. It violates the laws of thermodynamics and with the proof-of-stake transition ETH becomes a perpetual motion machine that literally can't exist
they are accumulating fantom
ware are coming and we are coming in waves
brainfried
you could have described Bitcoin there. It won't happen user.
eth 2 will be an explosive fomo bubble, 3 years of pent up energy
My long are ready
Bitcoin was not nearly as used for ICOs as ETH.
ETH whales like me are unironically buying ARPA
Did you read your link this is msot bullish shit ever lol?
If you post bombastic shit like this at least post a link that supports your claim or tell us how it is a perpetual motion machine.
how much ARPA should I be buying to make it?
750k
time for the btc dom. to reverse
oldfag here
cycles. The last boom was 2017. The Bottom for crypto will be 2025. The next Bull will be around 2030.
Im old. I know what im talking about.
The thing is everything pumped like crazy in 2017, even if it had no relation to ICOs.
uhhhhh. Pee pee poo poo?
And ETH itself pumped to around $420 in June 2017 before ICOs even became a big deal.
Why would "whales" accumulate something they got for $1 just years ago?
Buy AAVE.
This
750k and you are comfy