- Ethereum’s non-exchange addresses have added 6.7% more ETH.
- ETH’s exchange addresses have only added 0.2%more ETH.
- ETH is trading at $1,591.87 after a 0.56% increase in price, during press time.
The market behaviour analysis platform, Santiment, took to Twitter on November 1 to share some information about what Ethereum (ETH) addresses have been up to with the course of the last month, and how much new ETH has been added to these addresses.
According to the post, ETH’s top 10 largest non-exchange addresses have been “accumulating assets after their big drop-off leading up to September’s Merge”. These addresses have added 6.7% more ETH, and now hold about 23.7 million ETH.
On the other hand, ETH’s exchange addresses have only added 0.2% more ETH, and now hold an estimated 8.7 million ETH.
Over the last week of October, the total crypto market cap was able to once again climb above the $1 trillion mark, which enabled ETH to conquer the $1,500 level. According to the crypto market tracking website, CoinMarketCap, ETH is trading at $1,591.87 after a 0.56% increase in price over the last 24 hours, at the time of writing. ETH was able to reach a high of $1,630.45 and a low of :$1,555.92 over the same time period.
ETH is also still in the green by more than 18% over the last seven days. In addition to this, the altcoin’s 24 hour trading volume is in the green by more than 25% and it stands at $18,447,009,568, during press time.
Adding to ETH’s successful last 24 hours is the fact that the altcoin was able to strengthen against its biggest competitor in the market, Bitcoin (BTC) by about 0.20%.
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