Ethereum Whale Wallets Increase Holdings Amid Retail Profit-Taking

According to BlockBeats, data from crypto market analysis firm Santiment reveals that 6,392 wallets currently hold between 1,000 and 100,000 Ethereum (ETH). Over the past month, while retail investors have been taking profits, these 'whale' wallets have been rapidly increasing their holdings. During this 30-day period, the group has net accumulated 1.49 million ETH, marking a 3.72% increase in their holdings. Presently, these wallets account for 26.98% of the total Ethereum supply.