Ethereum's top 500 whales have increased their holdings 80% since Jan 2018. They currently own 20 million ETH, valued at $2.3 billion.
Using metrics provided by TokenAnalyst, Diar determined that whale Ethereum holdings have been increasing steadily throughout 2018 despite the extended bear market. Holdings of the top 500 whales are equivalent to 20 million ETH, slightly less than 20 percent of the total circulating supply and equaling approximately $2.3 billion.
MIT, Harvard, Yale, Stanford, Dartmouth are ALL investing their endowments in crypto funds - Institutional investors are arriving!
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