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Top 1% of ETH Holders Quietly Increase Their Grip on Supply
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Despite market weakness, Ethereum’s richest wallets are still accumulating. Glassnode data shows the top 1% of ETH addresses now hold 97.6% of supply, up from 96.1% a year ago. Large holders’ continued buying suggests deeper confidence even as older wallets cash out.
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The top 1% accumulating ETH again is a major bullish signal.
