The number of Ethereum addresses holding 0.1 ETH hit an all-time high


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According to data from Glassnode, the number of addresses containing 0.1 ETH has reached an all-time high.

It’s true that the holdings are small (about $310 at the current price), but as an adoption measure it’s very positive.

According to a previous report from the same platform that touched on bitcoin holders, those holding less than 1 bitcoin are called “prawns” in the crypto food chain.

While other names included in the report were crab (0-1 BTC), octopus (10-50 BTC), fish (50-100 BTC), dolphins (100-500 BTC), sharks (500-1000 BTC), and larger whales. Size (1000-5000 BTC) and Humpback Whale (more than 5000 BTC).

It is not clear exactly what name the underwater creature the smaller Ethereum carrier will resemble.

At the time of writing this article, there are 3,978,224 addresses with at least 0.1 ETH.

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As the chart shows, the total number of Ethereum addresses with at least 0.1 ETH is steadily increasing.

At the beginning of last year, there were 3,638,204 addresses containing 0.1 ETH, which indicates that the total number of addresses containing 0.1 ETH has increased by almost 10% in just over a year.

Going back to the last two years and as of this article, the number of ETH addresses holding 0.1 ETH was at 2,654,853, which means it has increased by 50% in the past two years.

During this time, the price of Ethereum also increased by 1061% from $267 to $3,102.

With such a slight uptick in Ethereum holders, the data suggests that much of the recent buildup has been partly caused by the origin’s meteoric rise since 2018.

Read also:

Binance announces the subscription of the “Alpine F1” project and its digital currency “ALPINE”

Shares of cryptocurrency exchange Coinbase face extreme volatility after “Super Bowl” announcements

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