Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
May 21, 2024 12:34
Ethereum holdings have reached a record high, surpassing the $14 billion mark. Binance is at the forefront with $5.5 billion, followed by Bybit with $3.1 billion, and OKX with $2 billion. However, Ethereum’s total holdings stand at 3.83 million ETH, still below the peak of 5 million ETH in 2022. Despite this, growing confidence in the ETH ecosystem and its utility in DeFi and other applications is evident through the increased contract holdings.
