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：理财)

• ·币安现货与期货比率攀升至2023年以来最高水平，市场情绪转向看涨
• ·10月31日摩根动力精选混合C净值增长0.59%，近3个月累计上涨17.24%
• ·微贷网与人人贷哪个好呢？想选一家进行投资理财。
• ·火币dot
• ·股权登记日股票会涨吗-股权登记日股票会涨吗一般股票登记日股票会涨吗
• ·10月31日民生加银鑫福混合C净值增长0.76%，近3个月累计上涨7.08%
• ·分析：美国财长的言论抵消了特朗普降低美债收益率的努力
• ·什么什么的冰河-什么什么的冰河成语
• ·中国股票纳入-中国股票纳入指数
• ·XRP 期货在 CME 的首个交易日就获利 150 万美元
• ·5 月 24 日比特币价格预测：突破势头冷却，多头在 11.2 万美元附近暂停
• ·10月31日海富通成长甄选混合C净值增长1.04%，近3个月累计上涨10.28%
• ·细数十大btc交易所app排行榜 盘点十大比特币交易所区块链
• ·小规模纳税人是什么
• ·2025年八大以太币交易所排名介绍 做合约最好的交易所TOP榜
• ·（全文）出狱后CZ首现谈监狱生活与未来：做教育需要时间，我现在有的是