• Ethereum’s recent Shanghai upgrade has led to a rise in the number of addresses holding at least 1 ETH.
• Despite the decline in active ETH, the total amount of staked ETH has been increasing.

The Ethereum Shanghai upgrade has passed, yet investors are still actively engaged and showing greater interest in the token. Although fewer active ETH is in circulation, the number of addresses holding at least 1 ETH continues to rise.

Read Ethereum (ETH) Price Prediction 2023-24

Small Ethereum holders increase

Despite experiencing a recent decline in price, Ethereum has continued to attract interest, as current data from Glassnode revealed.

Since the Shanghai update, which made staked ETH available earlier this month, some addresses have shown positive activity.

Glassnode’s data revealed that the number of addresses holding 0.01 or more coins had been steadily increasing, and as of this writing, the figure stood at over 23.7 million.

The current figure marked an all-time high.

According to CoinMarketCap’s

Go to Source to See Full Article
Author: Suzuki Shillsalot

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details