According to the on-chain intelligence tool Glassnode, whale activity is decreasing on the networks of the two leading cryptocurrencies, Ethereum and Bitcoin. According to information provided by the on-chain market intelligence network, the supply of BTC has decreased to a two-year low after being inactive for three to five years. The platform also noted a 1-month low in the quantity of Ethereum wallets holding ETH tokens worth $10,000 or more.
BTC #Bitcoin A 2-year low of 2,144,828.279 BTC Amount of Supply Last Active 3-5 Years (1st MA) has just surpassed the previous two.
Whale activity on Bitcoin and Ethereum is declining, according to Glassnode, which was first published on Coin Edition.