28 Million-Dollar-Level Addresses Hold Nearly $100 Million in Crypto
The positions span Bitcoin and altcoins, while the review compares 169 altcoins, Bitcoin’s market share and Ether’s role in earlier market rotations.
Twenty-eight million-dollar-level addresses have nearly $100 million in combined exposure to Bitcoin (BTC) and altcoins, as market data is compared with patterns from earlier altcoin rotations.
The review examines the relative performance of 169 altcoins alongside Bitcoin’s market share. It also considers the pace at which Ether (ETH) took leadership during previous market rotations.
The analysis is focused on identifying which stage of earlier altcoin seasons the current market may be repeating. It also examines which key conditions seen in those cycles have not yet appeared.
The positions span both BTC and altcoins, providing a view of how large on-chain addresses are allocated across the market.
