![Ethereum: Record concentration among whales - Worrying sign or bet on the future?](https://tremplin.io/wp-content/uploads/2024/12/1734480665_Ethereum-Record-concentration-among-whales-Worrying-sign-or-bet.png)
Despite an evolution considered slow, the Ethereum crypto seems to be embarking on a sustainable upward trajectory. With a distribution of assets evolving significantly, some analysts anticipate a historic breakthrough for ETH by 2025. This dynamism is based in particular on the recent massive accumulations by “whale” wallets, suggesting a long-term strategy which could disrupt the markets.
![Towering whale and Ethereum logo](https://tremplin.io/wp-content/uploads/2024/12/Ethereum-Record-concentration-among-whales-Worrying-sign-or-bet.png)
104 Ethereum whales hold 57% of the total supply
Crypto whales, these investors holding colossal volumes, are strengthening their hold on Ethereum. According to the Santiment analytics platform, 104 wallets each with more than 100,000 ETH now hold 57.35% of total supplyor approximately $333 billion.
This historic record raises questions about the future of this altcoin.
In parallel:
- Average wallets (between 10 and 100,000 ETH) reach a historically low ratio of 33.5%;
- Small wallets (less than 100 ETH) now represent only 9.19% of the total supply, the lowest in almost four years;
- Ethereum's daily active addresses recently surpassed 130,200, an eight-month high.
“ Seeing a 9-year-old asset with such a concentration of wedges among whales is a generally bullish sign in the long term », underlines Santiment.
This dynamic could indicate a increased trust in Ethereumdespite its apparent volatility and its current price, still 17% lower than its 2021 record.
Crypto traders speculate on strong comeback
Crypto traders are watching the evolution of the price of Ethereum, especially after it crossed the $4,000 mark in early Decembera level it had not reached since March. This progression fuels optimistic assumptions for 2025with potential to surpass its all-time high at $4,891.
However, investor attention is not limited to Ethereum. According to Santiment social databitcoin and some altcoins like Vanachains and Moca Networks are also generating strong interest.
![cryptos-conversations-santiment](https://tremplin.io/wp-content/uploads/2024/12/Ethereum-Record-concentration-among-whales-Worrying-sign-or-bet.jpeg)
![cryptos-conversations-santiment](https://tremplin.io/wp-content/uploads/2024/12/Ethereum-Record-concentration-among-whales-Worrying-sign-or-bet.jpeg)
Bitcoinin particular, continues to dominate discussions after crossing the threshold of $100,000 this year.
Despite everything, Ethereum retains a major advantage: its central place in the DeFi ecosystem and staking. This dual role, combined with accumulation by whales, strengthens its strategic position among traders and institutional investors.
Just yesterday, 108,521 ETH left exchanges, a sign that these assets are likely heading to cold wallets. This trend could reflect a strategic overhaul by investors, suggesting an imminent rally for Ethereum.
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