Crabs
Traders holding as much as 10 ETH are known as “Crabs.” The chart beneath exhibits the variety of these buyers since January 2018 with the blue line.
The variety of Crabs recorded a gentle enhance between the beginning of 2020 and Could 2021. Although it recorded a slight lower since then, there are roughly 1.4 million addresses that maintain between one and ten ETH.
The orange areas signify the expansion fee of the crab addresses. The chart exhibits that its progress fee was significantly greater throughout November 2022. The final time the expansion fee recorded such excessive volumes was again in January 2018.
Fish
Addresses that maintain between 10 and 100 ETH are known as “Fish.” On the chart beneath, the variety of Fish addresses is represented with the orange line, whereas their progress fee is mirrored with the turquoise areas.
In keeping with the info, there are presently round 300,000 Fish addresses within the ecosystem. Their numbers have been on a gentle enhance since mid-2017, however they spiked as of November.
Their progress fee has additionally risen to spectacular ranges through the month of November, marking the second-fastest progress interval since mid-2017.
Sharks
The time period “Sharks,” then again, is used right here to consult with the buyers with 100 ETH to 1,000 ETH.
In keeping with the orange line that exhibits the variety of Shark addresses, there are presently round 41,000 wallets that maintain between 100 and 1,000 ETH.
Just like Fish, Sharks have additionally been on an growing trajectory since mid-2017. Their progress got here to a halt just for a short time through the first half of 2021. Their progress fee recorded in November is the best one for the reason that spike within the variety of Shark addresses in mid-2020.
Mega Whales
“Mega Whales” signify wallets with greater than 10,000 ETH, and their progress fee additionally exhibits parallelism with Crabs, Fish, and Sharks.
The chart beneath represents the variety of Mega Whale addresses with the blue line whereas demonstrating their progress fee with the darkish purple areas.
In keeping with the graph, the variety of Mega Whale addresses presently sits at round 1,200, marking probably the most vital accumulation since mid-2021.