Captain Crunch
Veteran
How high y'all think ETH gon hit in the next 4 weeks?
Y'all think it's going to dip soon, if so when?
Y'all think it's going to dip soon, if so when?
1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
I should’ve bought more ETH when I bought the 1 that I have.
Tres Leches
Empire Business
i have enough ETH for the trade...
to all my fellow ETH holders, how do you feel about this?
Ethereum Whales Gobble 70% of ETH - Blockworks.
Ethereum whales, a term for large holders of the digital asset, have increased their holdings of ether to numbers not seen since the height of the initial coin offering bubble of 2017. However, in 2021, these whales are an entirely different species: institutional investors.
According to a report by digital assets analytics firm Santiment, whales, which it defines as holders of 10,000 or more ETH, now control approximately 70% of the total supply of ETH in existence.
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meanwhile i believe only 13% of Bitcoin is owned by whales..
kinda makes me leary about this ETH pump honestly
Ethereum Whales Gobble 70% of ETH - Blockworks.
Ethereum whales, a term for large holders of the digital asset, have increased their holdings of ether to numbers not seen since the height of the initial coin offering bubble of 2017. However, in 2021, these whales are an entirely different species: institutional investors.
According to a report by digital assets analytics firm Santiment, whales, which it defines as holders of 10,000 or more ETH, now control approximately 70% of the total supply of ETH in existence.
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meanwhile i believe only 13% of Bitcoin is owned by whales..
kinda makes me leary about this ETH pump honestly
Another shytcoin for the wallet...Had to increase my slippage percentage...
to all my fellow ETH holders, how do you feel about this?
Ethereum Whales Gobble 70% of ETH - Blockworks.
Ethereum whales, a term for large holders of the digital asset, have increased their holdings of ether to numbers not seen since the height of the initial coin offering bubble of 2017. However, in 2021, these whales are an entirely different species: institutional investors.
According to a report by digital assets analytics firm Santiment, whales, which it defines as holders of 10,000 or more ETH, now control approximately 70% of the total supply of ETH in existence.
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meanwhile i believe only 13% of Bitcoin is owned by whales..
kinda makes me leary about this ETH pump honestly
After btc, eth became the popular one for institutional investors to buy into. Won't be surprised if this week more companies start buying in after seeing this recent surge. Eth is an unlimited supply coin right? Wonder if that 70% will go down over time as more gets mined.
Be interesting to know the comparison of whales vs others in all coins. I know it's high for Link as well.
from what im reading, EIP-1559 will cause a reduction in ETH tokens, which could also cause the price of ETH to rise even more due to scarcity.
Going to staking right? Guess it depends on staking vs mining. And how much is staked vs total supply. I know about atom since I have mine staked and I believe 60% of the supply is currently being staked. Now that's not a mining coin so can't compare but I wonder if a coins staking potential can be greater than it's mining potential. Like if a million eth is created from staking in a year, is that more or less than what would've been mined. I think btc is one block every ten minutes and whatever the reward is now after this last halving. If all those whales and most of the regulars are staking Eth, then imagine how quickly the supply will go up. I imagine staking makes coins quicker since not everyone is mining eth or has the capabilities.
i know mark cuban has a shyt ton of ethereumto all my fellow ETH holders, how do you feel about this?
Ethereum Whales Gobble 70% of ETH - Blockworks.
Ethereum whales, a term for large holders of the digital asset, have increased their holdings of ether to numbers not seen since the height of the initial coin offering bubble of 2017. However, in 2021, these whales are an entirely different species: institutional investors.
According to a report by digital assets analytics firm Santiment, whales, which it defines as holders of 10,000 or more ETH, now control approximately 70% of the total supply of ETH in existence.
-----
meanwhile i believe only 13% of Bitcoin is owned by whales..
kinda makes me leary about this ETH pump honestly
Eth is a long term play. Just buy and take profits every so often. Theres too much money, and development, on it for institutions to ignore
the bossman
Superstar
The math sound kind of suspect tbh. If you're just using 10,000+ ETH as your metric then that can include exchange wallets plus all the DeFi collateral accounts, plus the eth2 staking pools, etcto all my fellow ETH holders, how do you feel about this?
Ethereum Whales Gobble 70% of ETH - Blockworks.
Ethereum whales, a term for large holders of the digital asset, have increased their holdings of ether to numbers not seen since the height of the initial coin offering bubble of 2017. However, in 2021, these whales are an entirely different species: institutional investors.
According to a report by digital assets analytics firm Santiment, whales, which it defines as holders of 10,000 or more ETH, now control approximately 70% of the total supply of ETH in existence.
-----
meanwhile i believe only 13% of Bitcoin is owned by whales..
kinda makes me leary about this ETH pump honestly
I wouldn't be too worried about it either way. There is a lot of money that wants to make sure ETH succeeds
no its not going towards staking with EIP-1559, its actually getting burned..
"Blockchain developers on the Ethereum network have approved a proposed change to the network that would ‘burn’ a small amount of Ether (ETH) every time that the currency is used to pay ‘gas fees’ on a transaction."
so instead of the miners getting paid for those transactions, the ETH will just burn away instead.
@Russ this what feg does right? Burn 1 percent, distribute 1 percent?
This idea better cuz it lessens the supply especially with all the gas fees and transactions.