ETH Supply Absorbed Faster Than Replaced – The Setup That Could Spark a Breakout

Our analysis of Binance addresses breaks them down into three groups: those building up their holdings, large investors (often called ‘whales’) using stablecoins, and those simply depositing funds. Currently, the trend among these groups is particularly positive. We’ve identified 2,434 addresses actively accumulating assets, surpassing the number of stablecoin whale addresses, which stands at 2,410.


