IntoTheBlock, a blockchain analysis company, pointed out on Monday that the proportion of holdings by the largest holders of Ethereum (ETH) has been continuously increasing since 2019, accumulating more ETH over time. This cumulative behavior will further accelerate in early 2023, coinciding with the timing of Shapella's upgrade.

The chart from IntoTheBlock shows that these whale addresses currently control over 43% of the circulating supply of Ethereum, approaching the 48% held by retail investors combined.

In terms of Bitcoin (BTC), Pedro M. Negron, a research analyst at IntoTheBlock, stated in a report released last week that wallet addresses holding 100 to 1000 BTC are not affected by market interference and have remained stable in recent market fluctuations, steadily increasing their holdings over the past few months.

The chart shows that these addresses now control 20.3% of the circulating supply of Bitcoin, equivalent to 4.01 million BTC, an increase of 5% compared to six months ago.

IntoTheBlock points out that this group consists of only 14000 addresses, accounting for only 0.03% of the total number of addresses with balances on the Bitcoin memory block chain. The company continued to write:

Despite the price drop, institutions and whales continue to accumulate Bitcoin, and this group proves it. 100 bitcoins are currently worth over $5.6 million

Predicting the peak of the bull market in the summer of 2025

IntoTheBlock also pointed out in the report that based on the past three rounds of Bitcoin bull bear cycles, the average time between Bitcoin halving events and subsequent market cycle peaks is about 480 days. If this assumption is followed in this cycle, the peak of Bitcoin price cycle may occur in the summer of 2025.

Cryptocurrency venture capital firm Pantera has also predicted the cyclical trend of Bitcoin, believing that the peak of Bitcoin's halving will occur in August 2025, when the price will reach $148000 (note: Pantera may have adjusted this analysis, with its latest predicted price showing $117482).

(责任编辑：现货银)

• ·区块链交易平台排行：选择最适合您的平台
• ·全球8大btc交易网站盘点 全球前8大数字货币交易所
• ·十大最好的币圈看盘软件_usdt安卓
• ·BNBOK正规数字货币交易平台加密货币软件下载v6.7.0全新版本
• ·okb交易所app下载V6.4.75_欧意交易所排名
• ·加密早报：比特币再次突破 7 万美元，USDT 已正式上线 Aptos 主网
• ·十大虚拟货币BTC交易所排行 十大最专业的货币交易所排名
• ·中国虚拟币交易平台排行_安全的五大数字货币软件排名盘点
• ·币安(Binance)交易所注册方法分享(包括app与网页端): 中文官网注册教学
• ·请问360借条放款要多久时间？
• ·虚拟货币是什么？国内合法的虚拟货币平台有哪些？
• ·十大虚拟货币交易平台网址下载_美国比特币交易平台有哪些？
• ·最多福利虚拟货币apk怎么注册？名气最大虚拟货币apk用户量排名
• ·PI币福利多APP说明：PI币APP最安全TOP10
• ·南宁哪里有露营帐篷卖
• ·全球热门波币官方网站官网_福利多波币官方网站推荐