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Top ethereum holders, ethereum rich list

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The top 10 ethereum token holders are or The ethereum richlist is as follows

An open source, decentralized platform running smart contracts, Ethereum was initially founded in July 2015. They aim to run applications precisely as programmed without the scope of any system failure, fraud, third party intrusion etc. Running on a custom built blockchain system, it provides users the services to create markets, store logs of liabilities and move capital in accordance with long given instructions. Ether, a cryptocurrency which can be transferred between accounts, is used to recompense mining nodes for mathematical calculations executed. Worked upon by a worldwide team of dedicated and passionate developers, Ethereum is developed for the Ethereum Foundation which is a Swiss non-profit organisation. It is supported by Linux, Windows, MacOS, POSIX, Raspbian operating systems. Ethereum aims to be sort of a world computer that would not just decentralise but also democratise the current client-server model. It is working on returning the control of the data in numerous services such as Google Docs, Google Sheets etc, to its owner.

The Ethereum wallet, the digital wallet designed for users on the Ethereum blockchain helps one hold and secure Ether and/or other crypto assets which have been built on Ethereum. Not only is it just a digital wallet, it also helps one write, station and use smart contracts. With a total of 5,000,000.00 token supply of Ethereum tokens and a collective total of 2539 token holders, the top 10 token holders account for a total of 4,847,030.06 tokens. This means that almost 96.94% of the total Ethereum tokens are being held by the top 10 holders of Ethereum tokens collectively. Only a small fraction of Ethereum holders i.e. 0.39% make up for the largest chunk of token holders. Ethereum addresses or the addresses of the token holders are composed of the prefix ‘0x’, concatenated with the rightmost 20 bytes of the big endian hash of the ECDSA public key. These addresses belong to token holders who usually like to hold on to these tokens long enough for the network value to take over the conjectural value.

The top 10 ethereum token holders are or The ethereum richlist is as follows:

Rank Address Balance
1 0x281055afc982d96fab65b3a49cac8b878184cb16 1,538,422.801690288194846506 Ether
2 0x6f46cf5569aefa1acc1009290c8e043747172d89 1,510,065.606605753037298732 Ether
3 0x90e63c3d53e0ea496845b7a03ec7548b70014a91 1,507,810.416658365151596003 Ether
4 0x53d284357ec70ce289d6d64134dfac8e511c8a3d 1,378,754.093067888911481302 Ether
5  0xab7c74abc0c4d48d1bdad5dcb26153fc8780f83e 1,000,000.011363125364129408 Ether
6 0xfe9e8709d3215310075d67e3ed32a380ccf451c8 923,964.658275323114330778 Ether
7 0xe853c56864a2ebe4576a807d26fdc4a0ada51919 | Kraken_3 801,159.261933372094865 Ether
8  0x9937dbb2128b55c44d8af7bf36fd76796a814cf4 | EOS-Owner 775,764.614011410664714104 Ether
9  0x61edcdf5bb737adffe5043706e7c5bb1f1a56eea 725,000.00001 Ether
10 0xfbb1b73c4f0bda4f67dca266ce6ef42f520fbb98 | Bittrex 676,216.020648665787404457 Ether

 

A belief mostly based upon the long term scaling solutions provided by Ethereum, it has now been put forward as a wide held belief that in the near future Ethereum would have one of the largest market cap. Ethereum’s transition from proof of work to proof of stake mining will result in a significantly lower environmental footprint.

 

#Ethereum

Analysis: Will Ethereum Rise in 2019?

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There is a great possibility that the price of Ethereum might never rise again, At least not to the figures it earlier achieved.

Bitcoin and Ethereum have been leading the cryptocurrency market for quite some time. While bitcoin blockchain’s main motive is to track the transactions, Ethereum’s main motive is to run the codes of DEX or decentralized apps.

While most people feel that bitcoin will always lead the cryptocurrency market, some believe the cryptocurrencies such as Ethereum might overtake bitcoin in the future. Currently, a group of companies known as Enterprise Ethereum Alliance supports the Ethereum blockchain who are working hard to improve the overall functionality of the blockchain.

 

Can Ethereum rise in 2019?

While Bitcoin is a store of value and most people use bitcoin as a form of investment, Ethereum is mostly used by software companies for development of their own dapps.

Ethereum saw a tremendous rise in price as well as in market capitalization during the ICO era which might have ended last year. In 2017, there was a boom in the overall ICO market and most Initial Coin Offerings collected their investments in the form of Ethereum. This had led to a massive demand for ETH as investors had to purchase ETH first in order to invest in other initial coin offerings.

Ethereum Price Chart

Ethereum Price Chart

The price of Ethereum reached more than $1400 at the start of 2018 and people started to feel that Ethereum might even overtake bitcoin soon. However, as months passed in the year 2018, both the price and the market capitalization of ETH experienced a massive mall which might be related to the end of ICO era. Cryptocurrency analysts also believe that the massive selling of Ethereum by Initial Coin Offerings who had been storing them as investments was the main reason for the fall in the price of ETH. Thousands of ICOs started selling their ETH holdings when they saw a bear market coming upfront.

 

Why ETH might never rise again:

There is a great possibility that the price of Ethereum might never rise again, At least not to the figures it earlier achieved. One of the reasons for this is the rising popularity of other blockchain platforms such as TRON who are direct competitors to ETH and some are even performing a lot better than Ethereum. The overall development of ETH blockchain seems to be quite slow and thus people have started to adopt other blockchains which are more suitable for their products and perform better than the Ethereum blockchain.

 

Another big reason why Ethereum might not rise again is the end of the ICO era. The number of initial coin offerings has seen a tremendous decrease last year and even lower this year. Also, the interest of investors has shifted from Initial Coin Offerings now as they do not see a safe and profitable future in investing in ICOs. As one of the major reasons for the rise of ETH was the ICO market and now with the end of the ICO era, Ethereum might never see those robust bulls again.

 

The following article is not financial advice. Readers are requested to do their own research and analysis before making any investment decisions in the cryptocurrency market which is highly volatile.

 

What do you feel about the future of Ethereum? Tell us in the comments section below.

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#Ethereum Price Analysis

ETH Price Analysis: Is Ethereum going to fall hard?

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ETH price is trying to recover, however, the resistance around $138 is quite strong and might lead to the price falling downwards.

Technical Indicators:

Support Level: $135

Resistance Levels: $138, $140

 

Key Points:

  • ETH price was able to recover back upwards after testing the $132 support.
  • ETH price even broke through the $134 and $136 resistance levels.
  • However, there is a bearish pattern formed with resistance around $138 on the hourly chart which might lead to a dropdown.

 

ETH Price Analysis:

Summary: ETH price is trying to recover, however, the resistance around $138 is quite strong and might lead to the price falling downwards. The next resistance lies at $140 after which Ethereum price will turn bullish.

Ethereum price crashed after testing the $140 resistance level recently. ETH tested the $132 support level before starting to recover upwards. The upward momentum was able to break the $134 and $136 resistance levels. However, there is a solid resistance formed between $138 and $140 which might push the price back downwards.

Ethereum price is currently trading around $137 and the 100 hourly SMA. There is a bearish pattern formed with resistance around $138 on the hourly chart. If Ethereum is able to break through the $138 resistance level, the next strong resistance lies at $140 after which the overall momentum will turn bullish. The current support lies at $135 after which the price might test $132 support again.

ETHUSD Price Chart

ETH/USD Price Chart

The chart shows that ETH price is trying to recover upwards towards $140 resistance level, however, breaking through this range will be very difficult as a lot of sellers are placed within this range which might lead to the price falling down towards $135 support.

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#Ethereum Price Analysis

ETH Price Analysis: Has Ethereum turned bearish?

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ETH was fell down massively against both bitcoin and USD. Ethereum even broke the $134 support level and moved into a bearish zone.

Technical Indicators:

Support Level: $132

Resistance Level: $140

 

Key Points:

  • ETH price was not able to break through the $140 resistance level and corrected downwards.
  • The downward correction even broke the $134 support level.
  • A bearish pattern line is formed with resistance around $140 on the hourly chart.

 

ETH Price Analysis:

Summary: ETH was fell down massively against both bitcoin and USD. Ethereum even broke the $134 support level and moved into a bearish zone. The price is currently trading below 100 hourly SMA which signals a bearish trend.

Ethereum attempted to break the $140 resistance again however, it failed and crashed downwards sharply. The selling pressure kept increasing and moved the price even below the $136 and the 100 hourly SMA. Also, ETH price broke through the bullish pattern line that was formed yesterday on the hourly chart.

The downward correction was strong enough to break the $134 support. The price tested the $132 support level before starting to correct upwards. The price is trying to move upwards, currently trading around $134. However, there are a lot of sellers placed on the upside between $136 and $140 which might prove bearish for ETH price. There is also a bearish pattern line formed with resistance around $140 on the hourly chart.

ETHUSD Price Chart

ETHUSD Price Chart

The chart shows that ETH price is now in a bearish momentum trading below $136 and 100 hourly SMA. The buyers need to gain strength in order to move the price above the solid resistance formed between $136 and $140 in order to stop further losses. Ethereum is currently supported at $132 level.

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