Whale Concentration in Ethereum Ecosystem Revealed by Santiment

Analysis from Santiment reveals a significant concentration of Ethereum-based assets held by top addresses. $SHIB currently leads with 62.3% of its supply concentrated among the top 10 wallets, followed closely by Uniswap at 52.2%. The study, conducted via app.santiment.net, highlights the influence of large holders in the Ethereum ecosystem and points to potential volatility due to their impact on price movements.