Ethereum Wallet Count Surges as Corporate Holdings Increase
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: 2h ago- Ethereum Price Volatility: Ethereum slid to nearly $2,800 over the weekend but rebounded above $3,000, indicating strong underlying support despite market fluctuations.
- Record Wallet Growth: The number of non-empty Ethereum wallets has surpassed 175.5 million, the highest among all cryptocurrencies, reflecting sustained user engagement even in sideways market conditions.
- Increased Corporate Holdings: BitMine Immersion Technologies, the largest corporate holder of ETH, expanded its treasury by 40,302 ETH, totaling over 4.24 million ETH, which constitutes 3.52% of all circulating ETH, showcasing growing corporate interest.
- Accelerated Staking Activity: BitMine has staked over 2 million ETH, nearly half of its holdings, increasing the network's validator waiting period to 54 days, highlighting the rising demand for Ethereum staking.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
