Some analysts predict Ether could surpass its all-time high during the first quarter of 2025, while Santiment shows an average of 130,000 Ethereum addresses were created this month.
Ethereum whale wallet holdings have reached their highest levels of all time — holding an estimated 57% of all Ether in existence, according to onchain analytics platform Santiment.
In a Dec. 16 post to X, the platform said that 104 whale wallets holding more than 100,000 Ether (ETH) each, together hold $333 billion.
At the same time, wallets holding between 10 and 100,000 Ether are at a historic low of 33.46%, and wallets holding less than 100 Ether have a supply ratio of just 9.19%, hitting a near four-year low as well, which could be a long-term bullish indication, especially if the whales keep accumulating more.
