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26 November 2020

Wallets Holding 1 ETH Hit All-Time High as Ethereum Crosses $500 | Crypto Briefing

Wallets Holding 1 ETH Hit All-Time High as Ethereum Crosses $500 | Crypto Briefing


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Ethereum is undergoing what may be the start of a major rally, with record numbers of wallets holding one ETH or more and traders moving funds from centralized exchanges to smart contracts. .

The amount of ETH held in smart contracts rose from 11% in June to over 16% in the past week, while centralized exchanges saw a drop from 19,000 ETH in August to 16,000 today. 

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