Whale Watch: 68 New Whales Join ETH Network, BTC Holds Lowest Concentration of Whales

Looking at the top ten digital assets, in terms of market valuation, ETH’s concentration of large holders is 40% according to Intotheblock’s onchain metrics. Meanwhile, tether (USDT) has a decent concentration of whales equal to ethereum at 40% but of course holders composition by time held for USDT is much less.

Bitcoinsv (BSV) the fork of BCH has a touch lower concentration of whales at 28% today and holders’ composition by time held is around 89%. Lastly, the tenth market position held by cardano (ADA) has 33% a concentration of whales and ADA’s time held holders’ composition is only 37% on Monday.

Timeline of Bitcoin, Bitcoin-cash, Bitcoin-sv, Cardano, Ethereum, Tether