The number of addresses holding more than 10,000 ETH has hardly changed since the asset hit an all-time high of $2,050 on Feb. 20.
In fact, according to data from Santiment, the number of wallets holding over 10K ETH — worth around $17.7 million at current prices — has declined by just 0.9% over the past four months. That compares to a 7.2% fall in the number of wallets holding 100 to 10K ETH according to the analytics provider.