How sharks, whales are showing interest in Ethereum [ETH] these days

Ethereum whales are accumulating ETH in significant amounts Validators show interest in Ethereum, despite declining revenue With all the attention in the crypto-space being directed towards the FTX saga, whales and sharks have been accumulating ETH under the radar. Read Ethereum’s Price Prediction 2022-2023 Lots of fish in the sea Santiment, a leading crypto-analytics firm, […]

Now, even though whales seem to be accumulating Ethereum aggressively, it remains to be seen whether retail investors will follow suit as well.

However, at the time of writing, active addresses on Ethereum were declining. As can be seen, the number of active addresses fell dramatically over the past few months. In fact, according toAlong with that, the number of addresses in loss also touched an This indicated that most people holding Ethereum would not make a profit, if they were to sell their ETH at this point in time.In fact, the number of validators on the Ethereum network grew by 5.51% over the last 30 days. At the time of writing, there were more than 474,000 validators on the network. These validators have continued to show faith in Ethereum, despite their declining revenue.

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