Attention ETH holders! Here's how the market thermometer looks:
According to CoinMarketCap, while Ethereum hovers around $2,499, these metrics stand out:
99.3% of addresses hold less than $1,000 in ETH, suggesting significant retail participation.
Whales still dominate with 49.01% of the supply, a sign that big players are active.
Regarding holding time:
53.07% are cruisers (between 1 month and 1 year).
Only 5.43% are traders.
41.5% are long-term holders (more than 1 year), which may reflect confidence in the project.
And watch out: transaction fees are rising ($0.43 on average), which could indicate increased activity on the network.
All of this reinforces the narrative of a potential early bullish cycle. Are we witnessing the first steps of a new bull run?
