{"id":280961,"date":"2022-12-12T10:00:31","date_gmt":"2022-12-12T10:00:31","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=280961"},"modified":"2022-12-12T10:43:22","modified_gmt":"2022-12-12T10:43:22","slug":"eth-wallets-in-all-sizes-increased-in-number-during-november","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/eth-wallets-in-all-sizes-increased-in-number-during-november\/","title":{"rendered":"ETH wallets of all sizes increased in number during November"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400;\">CryptoSlate analysts looked into Ethereum (ETH) wallets of all sizes to reveal that most categories have recorded exponential growth during the month of November.<\/span><\/p>\n<h2><b>Crabs<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Investors holding up to 10 ETH are called &#8220;Crabs.&#8221;\u00a0 The chart below shows the number of these investors since January 2018 with the blue line.<\/span><\/p>\n<\/div>\n<div>\n<figure id=\"attachment_280989\" aria-describedby=\"caption-attachment-280989\" style=\"width: 1800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-280989\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-crab-address-count-balance-1-10-eth-1.png\" alt=\"ETH Crab addresses\" width=\"1800\" height=\"1013\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-crab-address-count-balance-1-10-eth-1.png 1800w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-crab-address-count-balance-1-10-eth-1-300x169.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-crab-address-count-balance-1-10-eth-1-1024x576.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-crab-address-count-balance-1-10-eth-1-768x432.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-crab-address-count-balance-1-10-eth-1-1536x864.png 1536w\" sizes=\"(max-width: 1800px) 100vw, 1800px\" \/><figcaption id=\"caption-attachment-280989\" class=\"wp-caption-text\">ETH Crab addresses<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The number of Crabs recorded a steady increase between the start of 2020 and May 2021. Even though it recorded a slight decrease since then, there are approximately 1.4 million addresses that hold between one and ten ETH.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The orange areas represent the growth rate of the crab addresses. The chart shows that its growth rate was considerably higher during November 2022. The last time the growth rate recorded such high volumes was back in January 2018.<\/span><\/p>\n<\/div>\n<div><\/div>\n<h2><b>Fish<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Addresses that hold between 10 and 100 ETH are referred to as &#8220;Fish.&#8221; On the chart below, the number of Fish addresses is represented with the orange line, while their growth rate is reflected with the turquoise areas.<\/span><\/p>\n<div>\n<figure id=\"attachment_280965\" aria-describedby=\"caption-attachment-280965\" style=\"width: 1800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-280965 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/image-1-1.png\" alt=\"ETH Fish addresses\" width=\"1800\" height=\"1013\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/image-1-1.png 1800w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/image-1-1-300x169.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/image-1-1-1024x576.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/image-1-1-768x432.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/image-1-1-1536x864.png 1536w\" sizes=\"(max-width: 1800px) 100vw, 1800px\" \/><figcaption id=\"caption-attachment-280965\" class=\"wp-caption-text\">ETH Fish addresses<\/figcaption><\/figure>\n<\/div>\n<div>\n<p><span style=\"font-weight: 400;\">According to the data, there are currently around 300,000 Fish addresses in the ecosystem. Their numbers have been on a steady increase since mid-2017, but they spiked as of November.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Their growth rate has also risen to impressive levels during the month of November, marking the second-fastest growth period since mid-2017.<\/span><\/p>\n<h2><b>Sharks<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The term &#8220;Sharks,&#8221; on the other hand, is used here to refer to the investors with 100 ETH to 1,000 ETH.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the orange line that shows the number of Shark addresses, there are currently around 41,000 wallets that hold between 100 and 1,000 ETH.<\/span><\/p>\n<\/div>\n<div>\n<figure id=\"attachment_280964\" aria-describedby=\"caption-attachment-280964\" style=\"width: 1800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-280964 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-shark-address-count-balance-100-1k-eth.png\" alt=\"ETH Shark addresses\" width=\"1800\" height=\"1013\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-shark-address-count-balance-100-1k-eth.png 1800w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-shark-address-count-balance-100-1k-eth-300x169.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-shark-address-count-balance-100-1k-eth-1024x576.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-shark-address-count-balance-100-1k-eth-768x432.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-shark-address-count-balance-100-1k-eth-1536x864.png 1536w\" sizes=\"(max-width: 1800px) 100vw, 1800px\" \/><figcaption id=\"caption-attachment-280964\" class=\"wp-caption-text\">ETH Shark addresses<\/figcaption><\/figure>\n<\/div>\n<div>\n<p><span style=\"font-weight: 400;\">Similar to Fish, Sharks have also been on an increasing trajectory since mid-2017. Their growth came to a halt only for a short while during the first half of 2021. Their growth rate recorded in November is the highest one since the spike in the number of Shark addresses in mid-2020.<\/span><\/p>\n<h2><b>Mega Whales<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">&#8220;Mega Whales&#8221; represent wallets with more than 10,000 ETH, and their growth rate also shows parallelism with Crabs, Fish, and Sharks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The chart below represents the number of Mega Whale addresses with the blue line while demonstrating their growth rate with the dark red areas.<\/span><\/p>\n<\/div>\n<div>\n<figure id=\"attachment_280963\" aria-describedby=\"caption-attachment-280963\" style=\"width: 1800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-280963 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-mega-whale-address-count-balance-10k-eth.png\" alt=\"ETH Mega Whale addresses\" width=\"1800\" height=\"1013\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-mega-whale-address-count-balance-10k-eth.png 1800w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-mega-whale-address-count-balance-10k-eth-300x169.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-mega-whale-address-count-balance-10k-eth-1024x576.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-mega-whale-address-count-balance-10k-eth-768x432.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/glassnode-studio_ethereum-mega-whale-address-count-balance-10k-eth-1536x864.png 1536w\" sizes=\"(max-width: 1800px) 100vw, 1800px\" \/><figcaption id=\"caption-attachment-280963\" class=\"wp-caption-text\">ETH Mega Whale addresses<\/figcaption><\/figure>\n<p>According to the graph, the number of Mega Whale addresses currently sits at around 1,200, marking the most significant accumulation since mid-2021.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>CryptoSlate analysts looked into Ethereum (ETH) wallets of all sizes to reveal that most categories have recorded exponential growth during the month of November. Crabs Investors holding up to 10 ETH are called &#8220;Crabs.&#8221;\u00a0 The chart below shows the number of these investors since January 2018 with the blue line. The number of Crabs recorded [&hellip;]<\/p>\n","protected":false},"author":1262,"featured_media":280980,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120,60206],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ETH wallets of all sizes increased in number during November<\/title>\n<meta name=\"description\" content=\"Addresses with 1-10, 10-100, 100-1,000 and over 10,000 ETH have all recorded impressive growth rates.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/eth-wallets-in-all-sizes-increased-in-number-during-november\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ETH wallets of all sizes increased in number during November\" \/>\n<meta property=\"og:description\" content=\"Addresses with 1-10, 10-100, 100-1,000 and over 10,000 ETH have all recorded impressive growth rates.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/eth-wallets-in-all-sizes-increased-in-number-during-november\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-12T10:00:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-12T10:43:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/ethereum.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Zeynep Geylan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zeynep Geylan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/eth-wallets-in-all-sizes-increased-in-number-during-november\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/eth-wallets-in-all-sizes-increased-in-number-during-november\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#person\",\"name\":\"Zeynep Geylan\",\"url\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"caption\":\"Zeynep Geylan\"},\"jobTitle\":\"Journalist\",\"description\":\"Zeynep is an academic who turned to crypto in 2018. 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