of a crypto asset is a metric that describes the change in the positions of whales and investors holding over 0.1% of the asset’s supply.
When this metric sees a spike, it means that this category of holders has taken to accumulation. Conversely, a decline is an indication of “reduced positions and selling.” In the last 90 days, data from IntoTheBlock revealed a 281.60% decline in ETH large holders netflow. However, due to the Merge, this category of investors significantly accumulated ETH in the last seven days as this metric went by 819.58% within that period.While a few Ethereum-linked assets logged significant gains post-Merge, the price of the leading altcoin only rallied by 2% moments after the Merge.revealed.
Moreover, in the last day, the total liquidations across the general cryptocurrency market were pegged at $215.22 million, according to data fromWith $128.80 million taken out of the ETH market within the same period, ETH liquidations accounted for 67% of the total funds taken out of the entire market in the last 24 hours.Subscribe to get it daily in your inbox.
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