Since the creation of Ethereum, the number of its hodlers has been gradually increasing. A day ago, the number of addresses owning the largest altcoin exceeded the 87 million mark.
According to ITB, about 60% of “retail” addresses hold less than 0.1% of the cryptocurrency supply in circulation. Investors (users owning between 0.1% and 1% of the supply) account for 23%. Large addresses or whales own the remaining 17% of Ethereum.
The address with the most ETH was the Beacon Chain deposit smart account, which contains more than 14.1 million tokens.
According to Etherscan’s onchain data, this was equivalent to 11.7% of the ETH supply as of October 7. To date, this deposit contract has carried out a total of 225,748 transactions.
The second largest address was the Wrapped Ether smart contract with 4.28 million ETH, representing 3.36% of the altcoin’s supply. So far, the said address has made more than 10,167,098 transactions.
The third and fourth largest amount of Ethereum was placed on wallet addresses belonging to cryptocurrency exchanges Binance and Kraken. While the first address accounts for 2% of the ETH supply (2.4 million tokens), the second contains 1.7% (2.1 million tokens). Remarkably, they made 9,092 and 68 transactions, respectively.
The next place was taken by the unidentified wallet, which holds more than 2 million ETH tokens, which is 1.69% of the supply. To date, there have been 43 transactions on this address.
The next two large wallets are again owned by exchanges. One is registered on Binance, the other on Bitfinex. These wallets hold 1.9 million and 1.4 million ETH, representing 1.6% and 1.2% of Ethereum’s total supply.