ETH witnessed a 4% price drop in the last seven days. However, according to the on-chain analytics platform, ETH addresses that hold 100 to 100,000 ETH grew their holdings by 3.4% in the last 13 days.
Per data from Santiment, this cohort of ETH holders currently held their largest percentage of ETH’s supply since July 2021 – 46.85% at press time.Although ETH traded at the price level last seen in June, on-chain data revealed that HODLers have increasingly accumulated the leading alt since 6 November.showed a consistent decline in the coin’s exchange reserve. In the past two weeks, the amount of ETH on exchanges declined by 10% and sat at 20.33 million at press time.