Ethereum’s Supply Shrinks as Whales Accumulate
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The supply dynamics of Ethereum (ETH) are undergoing a significant shift, with a notable increase in accumulation by large investors, commonly known as “whales.” According to on-chain data, the amount of ETH held by these accumulating addresses has more than doubled since June 2025, from approximately 13 million to almost 28 million ETH. This aggressive …
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