以太坊鯨魚主導地位達到新高，引發了關於中心化的問題

以太坊的鯨魚主導地位已達到新高，有 104 個錢包包含至少 100,000 ETH，佔總供應量的 57%。

Ethereum whales continue to dominate the market, with 104 wallets now holding at least 100,000 ETH. This amounts to 57.35% of the total supply, or approximately $333.1 billion.

以太坊鯨魚繼續主導市場，目前有 104 個錢包持有至少 100,000 ETH。這相當於總供應量的 57.35%，約 3,331 億美元。

The data, highlighted by Santiment, shows that whales are accumulating ETH at a rapid pace. This trend is typically seen as a bullish indicator for the cryptocurrency, as it suggests that large investors are confident in its long-term potential. An increase in key stakeholders’ holdings might serve as a precursor to a sustained upward movement.

Santiment 強調的數據顯示，鯨魚正在快速累積 ETH。這種趨勢通常被視為加密貨幣的看漲指標，因為它表明大型投資者對其長期潛力充滿信心。主要利害關係人持股的增加可能是持續上漲的先兆。

This trend is especially relevant for Ethereum, given that the asset is heavily utilized for its expanding staking and DeFi ecosystem. However, the overall distribution of supply presents a contrasting view.

這一趨勢與以太坊尤其相關，因為該資產因其不斷擴大的質押和 DeFi 生態系統而被大量利用。然而，整體供應分佈卻呈現相反的景象。

According to Santiment, wallets with 100 to 100,000 ETH currently hold only 33-46% of the supply, the lowest ratio recorded. This group continues to shrink, suggesting that mid-tier investors are either selling their holdings or combining them into larger entities.

據 Santiment 稱，擁有 100 至 100,000 ETH 的錢包目前僅持有 33-46% 的供應量，這是有記錄以來的最低比例。該群體繼續萎縮，表明中層投資者要么出售其持有的股份，要么將其合併為更大的實體。

🐳 There are currently 104 whale wallets holding at least 100K Ethereum. Their combined holdings currently sit at 57.35% of all existing ETH tokens, currently worth ~$333.1B.

🐳 目前有 104 個鯨魚錢包持有至少 10 萬枚以太坊。他們的總持有量目前佔所有現有 ETH 代幣的 57.35%，目前價值約為 $333.1B。

Meanwhile, wallets with 100-100K hold their lowest ratio of supply in history, 33.46%. And sub-100 ETH… pic.twitter.com/9qDN3lotQy

同時，100-10萬錢包的供應比例達到歷史最低水平，為33.46%。以及低於 100 ETH… pic.twitter.com/9qDN3lotQy

— Santiment (@santimentfeed) December 17, 2024

- Santiment (@santimentfeed) 2024 年 12 月 17 日

Furthermore, sub-wallets holding 100 ETH have hit an almost 4-year low of 9.19%. This decline has raised questions about the retail investors’ sentiments, suggesting that they are likely not building as aggressively as whales.

此外，持有 100 ETH 的子錢包已觸及近 4 年來的低點 9.19%。這種下跌引發了對散戶情緒的質疑，顯示他們可能不會像鯨魚那樣積極建倉。

However, the whale accumulation is consistent with Ethereum’s recent price recovery. According to the chart analysis, the altcoin recently climbed above the $4,000 mark, indicating strength. Ethereum liquidity could be reduced drastically if whales control the supply. This scenario could lead to surging prices soon.

然而，鯨魚的累積與以太坊最近的價格復甦是一致的。根據圖表分析，山寨幣最近攀升至 4,000 美元大關上方，顯示出強勢。如果鯨魚控制了供應，以太坊的流動性可能會大幅減少。這種情況可能很快就會導致價格飆升。

As CNF reported, Ethereum’s rise to $4,000 coincides with an Ethereum Exchange-Traded Funds market inflow. CoinShares reported that Ethereum has maintained positive investment flows for seven consecutive weeks, highlighting its growing institutional appeal.

根據 CNF 報導，以太坊升至 4,000 美元恰逢以太坊交易所交易基金市場資金流入。 CoinShares 報告稱，以太坊連續七週保持正投資流，凸顯其不斷增長的機構吸引力。