Home Cryptocurrency 58% of Ethereum’s wealth is hiding in plain sight, and half of DeFi is built on thin air

58% of Ethereum’s wealth is hiding in plain sight, and half of DeFi is built on thin air

Ethereum’s top holders double in size when tokens and stablecoins are included in on-chain valuations. Ethereum’s balance sheet looks nothing like what it looked like a couple of years ago. A new on-chain analysis has found that 58% of capital…

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