Tag: ETH holders

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This Ethereum Metric Has Sparked Centralization Concerns Over ETH Ownership

August 26, 2023

Crypto blockchains are designed to be fully decentralized so that no single person or group has control. However, new data has shown that the top 10 Ethereum addresses control over 35% of the total ETH supply. For a network that was designed to be decentralized, this has sparked some serious concerns over how centralized ETH…
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Ethereum Profitability Dumps To 2-Year Low As Price Corrects Below $2,000

May 27, 2022

Ethereum has been on a downtrend along with the rest of the crypto market. This has seen the value of the cryptocurrency plunged below $2,000 and efforts to recover above this major resistance level have been futile. Naturally, the decline in the value of the digital asset has affected its profitability. What has resulted from…
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