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：财富观察)

• ·约会恋爱，不就是心动加行动吗？约会恋爱究竟是什么
• ·韩国女子因盗窃 50 万美元加密货币被判入狱两年
• ·初链 TRUE是什么币？TRUE币上线交易所和官网总量介绍
• ·比特币全球数字交易平台
• ·增值税税率到底怎么算？一文搞懂！增值税税率是多少
• ·鼎盛收藏币交易平台
• ·数字货币平台排行榜 国内比特币交易平台
• ·ipfs怎么挖矿
• ·区块链钱包有哪些？区块链十大钱包优缺点
• ·元宝网是怎么回事
• ·虚拟货币热度排行榜 虚拟货币热度排行直击
• ·eos币2017价格-eos币2017年最高价格
• ·炒币平台排行榜前十名2025最新
• ·查看钱包区块链-查看钱包区块链的软件
• ·数字货币平台排行_虚拟币交易所所排行_买币电脑软件有哪些？
• ·盈链价格查询