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Stable

Nexo

<div class="key-points-section">
 <b>Key Points:</b>
 <ul>
  <li>Increased Ether supply concentration among top 1% of holders.</li>
  <li>Market shows restrained reaction with selective portfolio rebuilding.</li>
  <li>Stable fund inflows and increasing derivative trading noted.</li>
 </ul>
</div>
<p>As of Wednesday, data from Glassnode reveals that the top 1% of addresses now hold 97.6% of Ether's supply, marking an increase from the prior year's 96.1%.</p>
<p>Despite the growing concentration, Iliya Kalchev from Nexo notes a 'restrained' market reaction, with investors selectively building portfolios amid increasing derivative trading activity.</p>
<h2 id="strategic-portfolio-tactics-and-derivatives-play-key-roles">Strategic Portfolio Tactics and Derivatives Play Key Roles</h2>
<p>Ether's supply concentration among the top 1% of addresses has increased significantly, now at <strong>97.6%</strong>, up from <strong>96.1%</strong> a year ago, according to Glassnode. This trend signifies a greater accumulation by large holders, impacting overall market dynamics and liquidity.</p>
<p>Increased concentration among top Ether holders may lead to reduced liquidity for retail investors. However, market responses remain restrained, as investors rebuild portfolios <strong>strategically rather than broadly</strong>, focusing on individual asset selection within their portfolios.</p>
<blockquote>
 "The market reaction remains restrained. Stable fund inflows and increasing derivative trading activity indicate selective portfolio rebuilding rather than active rotation." — Iliya Kalchev, Nexo
</blockquote>
<h2 id="market-analysis-and-current-trends">Market Analysis and Current Trends</h2>
<p style="background-color: #222222; color: #ffffff; padding: 10px; border-radius: 5px;"><strong>Did you know?</strong> Increased Ether concentration among top holders could significantly influence market liquidity and pricing structures.</p>
<p>Ethereum's current price stands at $3,068.42, with a market cap of $370.34 billion and a <strong>market dominance of 11.84%</strong>, as per CoinMarketCap. It experienced a <strong>24-hour price increase of 2.37%</strong> despite recent downturns over 30, 60, and 90 days. Trading volume fell 28.96% to $15.91 billion, reflecting caution.</p>
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 <a href="https://coincu.com/wp-content/uploads/2025/11/Ethereum-daily-chart-on-1351-UTC-on-November-28-2025file.jpeg" rel="noopener noreferrer nofollow"> <img src="https://coincu.com/wp-content/uploads/2025/11/Ethereum-daily-chart-on-1351-UTC-on-November-28-2025file.jpeg" alt="ethereum-daily-chart-2072"> </a>
 <figcaption>
  Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 13:51 UTC on November 28, 2025. <em>Source: <a href="https://coinmarketcap.com/currencies/ethereum/" target="_blank" rel="noopener noreferrer">CoinMarketCap</a></em>
 </figcaption>
</figure>
<p>Insights from Coincu's research team indicate that increased Ether concentration among top holders could significantly influence market liquidity and pricing structures. Large holders could exert control over pricing through strategic <strong>accumulation and distribution</strong> activities.</p>
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on<a href="https://coincu.com/" rel="noopener noreferrer nofollow"> this website</a> is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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</figure> <a href="https://coincu.com/uncategorized/ether-supply-concentration-nov2025/" rel="noopener noreferrer nofollow">Read original article on coincu.com</a>

Ether Supply Concentration Increases to 97.6% Among Top Holders

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