A digital asset research company called Delphi Digital has recently made it known that more than 80 percent of Ethereum in circulation is controlled by 7,572 addresses.
7,572 High Networth Ethereum Wallets
The report further made it known that this 7,572 wallets which holds about 80 percent of ETH in circulation have more than 1000 ETH in them. The research conducted by the firm breaks down the total number of addresses by volume of ETH they contain. It was reported that 923 of them hold between 10,000 and 100,000 ETH, 6,490 addresses hold between 1,000 and 10,000 ETH, four between 1,000,000 and 10,000,000 ETH, 923 of them hold between 10,000 and 100,000 ETH, and 155 between 100,000 and 1,000,000 ETH.
The report released by the company also mentioned how the price of ETH has dropped over the past hard forks. A total of five hardforks were recorded by the report. The report shows that the market price of ETH has dropped about 19 percent since the first hardfork.
The most recent of the hardforks saw the price of ETH decrease by…