Santiment: "Whales" are withdrawing Ethereum from exchanges, demonstrating confidence in the course The largest holders of Ethereum cryptocurrency are actively moving it to their own wallets. This data is provided by the analytical company Santiment.

Santiment: "Whales" withdraw Ethereum from exchanges, demonstrating confidence in the course

The largest holders of the Ethereum cryptocurrency are actively moving it to their own wallets. This data is provided by the analytical company Santiment.

“The top 10 ETH whales continue to transfer cryptocurrency from exchange to OTC addresses at an impressive pace,” Santiment writes.. - A 20.5% decrease in tokens on exchanges in two last month speaks of the confidence of the largest Ethereum holders ".

Santiment does not disclose its methodology for identifying "whales", and therefore there may be options for who may own these addresses.



Nevertheless, the data of the analytical service Glassnode also indicate a continuing decline in the exchange's ether balances. According to Glassnode, a 10-month low for ETH volume on exchanges was set at 16.3 million coins yesterday. In August, this value was 19 million ETH.

Glassnode also reports a continuing increase in the number of wallets containing 32 ETH and more. It is this amount of cryptocurrency that is required to obtain validator status in Ethereum 2.0. Recently, the number of wallets in this category reached 124,599.

Earlier, CEO of Digital Currency Group Barry Silbert announced that his Grayscale Investment continues to increase its ETH reserves. "While everyone was watching how we accumulate bitcoins, the Grayscale Ethereum trust collected 2% of all ETH in circulation," he wrote..

DTC Capital CEO Spencer Noon Says Over-the-Air Into the Decentralized Finance Space financial institutions. “My observations of DeFi after talking to institutional investors, fund managers, OTC platforms and CFOs over the past weeks: the crowd is coming. They admire DeFi, but they are still new to it, so they buy ETH first, ”Nun said..

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