Compare – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Thu, 04 Sep 2025 05:26:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Compare – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Just 10 Wallets Control Majority Of Ethereum Supply: How Do Other ETH Tokens Compare? https://earlybirdsinvest.com/just-10-wallets-control-majority-of-ethereum-supply-how-do-other-eth-tokens-compare/ https://earlybirdsinvest.com/just-10-wallets-control-majority-of-ethereum-supply-how-do-other-eth-tokens-compare/#respond Thu, 04 Sep 2025 05:26:01 +0000 https://earlybirdsinvest.com/just-10-wallets-control-majority-of-ethereum-supply-how-do-other-eth-tokens-compare/

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On-chain data shows over half of the Ethereum supply is held by just 10 addresses. Here’s how other ETH-based tokens like Shiba Inu stack up.

Shiba Inu, Uniswap, & Ethereum Are Among The Most Centralized ETH Tokens

In a new post on X, on-chain analytics firm Santiment has talked about how the different assets in the Ethereum ecosystem line up against each other in terms of the amount of supply that’s concentrated on the top 10 wallets.

Below is the chart shared by Santiment that shows the trend in this metric for eight cryptocurrencies over the past few months.

Ethereum Supply

Looks like SHIB is at the top of the list at the moment | Source: Santiment on X

From the graph, it’s visible that 51% of the Ethereum supply is owned by the 10 largest wallets on the network. This is more than most of the other ETH-based tokens on the list.

The two coins that are ahead in this metric are Shiba Inu (SHIB) and Uniswap (UNI). The latter is only marginally ahead of ETH with a value of 52.2%, but the former is significantly ahead at 62.3%.

Generally, a cryptocurrency’s supply being heavily concentrated on just a few hands doesn’t tend to be a constructive signal, as it means only a few players are needed to move the market.

Beyond market dynamics, supply centralization has another drawback: it potentially weakens the network security. Chains like Ethereum’s run on a consensus mechanism called the Proof-of-Stake (PoS). Under this system, validators called stakers have to lock up a stake in order to receive a chance at adding the next block to the chain.

The higher is a validator’s stake, the higher is the chance that they get picked. If a single staker crosses the 51% supply threshold, they can, in theory, gain total control over the blockchain.

This type of attack doesn’t exist on Bitcoin, where the Proof-of-Work (PoW) consensus mechanism is employed instead. In PoW networks, miners compete against each other using computing power. Here, too, however, if a validator gains control over 51% of the network computing resources, they can mold BTC to their will.

Considering that Ethereum has just 10 holders controlling 51% of the supply, an attack on the network is possible if these entities come together. The chances of it happening, though, are quite slim.

Still, the fact the likes of ETH, SHIB, and UNI are notably centralized on just a few holders could be something to watch for. In contrast, some other tokens in the ecosystem like USDC (28.6%), DAI (31%), and Chainlink (31.5%) are in a healthier zone in terms of this metric.

ETH Price

Ethereum has seen a surge of almost 4% over the last 24 hours that has taken its price to the $4,380 mark.

Ethereum Price Chart

The price of the coin seems to have shot up over the past day | Source: ETHUSDT on TradingView

Featured image from Dall-E, Santiment.net, chart from TradingView.com

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Dogecoin Supply In Profit Hits 77.9%—How Do XRP, Bitcoin Compare? https://earlybirdsinvest.com/dogecoin-supply-in-profit-hits-77-9-how-do-xrp-bitcoin-compare/ https://earlybirdsinvest.com/dogecoin-supply-in-profit-hits-77-9-how-do-xrp-bitcoin-compare/#respond Fri, 30 May 2025 04:33:37 +0000 https://earlybirdsinvest.com/dogecoin-supply-in-profit-hits-77-9-how-do-xrp-bitcoin-compare/

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On-chain data shows around 77.9% of all Dogecoin supply is in profit right now. Here’s how it stacks up against the likes of Bitcoin and XRP.

Dogecoin Compared Against The Rest In Total Supply In Profit

In a new post on X, the on-chain analytics firm Santiment has shared how some of the top coins in the cryptocurrency sector, like Bitcoin and Dogecoin, currently compare against each other in terms of the Percent of Total Supply in Profit indicator.

The “Percent of Total Supply in Profit” tells us, as its name already suggests, the percentage of a digital asset’s total supply in circulation that’s being held at some unrealized gain.

This indicator works by going through the on-chain history of each token on the network to see what price it was last moved at. If the previous transaction price is less than the current spot value for any coin, then that particular coin is assumed to be holding a profit right now.

The Percent of Total Supply in Profit counts up all tokens satisfying this condition and determines what part of the total supply they make up for. Now, here is a chart that shows how this figure is currently looking for six top coins: Bitcoin (BTC), Dogecoin (DOGE), Ethereum (ETH), XRP (XRP), Cardano (ADA), and Chainlink (LINK).

Dogecoin Supply in Profit

Looks like the metric's value has generally gone up across the sector recently | Source: Santiment on X

As displayed in the above graph, all of these cryptocurrencies, except for XRP, have witnessed a notable uptick in the percentage of Total Supply in Profit over the past month.

The king of the sector in terms of the indicator is Bitcoin, with around 98.4% of its supply being in the green. BTC has been in all-time high (ATH) exploration mode recently, so this extreme level isn’t a surprise, considering that 100% of the supply enters into a state of profit at the instant a new ATH is set.

Despite the fact that XRP hasn’t seen much growth in the metric recently, its profit-loss balance is still the second-best among these assets, with over 90% of the supply sitting on some gain.

Chainlink and Dogecoin rank third and fourth on the list, with the Percent of Total Supply in Profit standing at 80.5% and 77.9%, respectively. Ethereum, the second-largest coin by market cap, has performed relatively poorly on the indicator, with its value of 71.5% notably behind the others. That said, from a growth potential perspective, ETH’s profitability may not be as bad as it seems.

Generally, investors in profit are more likely to participate in selling, so whenever a significant part of the network is in the green, a mass selloff with the motive of profit realization can become probable. This can naturally facilitate the formation of tops.

Naturally, this doesn’t mean Bitcoin, with its extreme profitability, is sure to hit a top in the near future; its rally can continue so long as the demand side remains strong enough to absorb any profit-taking. But coins on the lower end, like Ethereum, Cardano, and Dogecoin, could have, in theory, more room to run, should conditions align.

DOGE Price

Dogecoin has been stuck in sideways movement recently as its price is still floating around the $0.22 mark.

Dogecoin Price Chart

The price of the coin appears to have been consolidating during the past few days | Source: DOGEUSDT on TradingView

Featured image from Dall-E, Santiment.net, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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Analysts compare Trump’s market impact with the Obama era when Bitcoin is looking at momentum https://earlybirdsinvest.com/analysts-compare-trumps-market-impact-with-the-obama-era-when-bitcoin-is-looking-at-momentum/ https://earlybirdsinvest.com/analysts-compare-trumps-market-impact-with-the-obama-era-when-bitcoin-is-looking-at-momentum/#respond Fri, 11 Apr 2025 10:59:36 +0000 https://earlybirdsinvest.com/analysts-compare-trumps-market-impact-with-the-obama-era-when-bitcoin-is-looking-at-momentum/ Meet Samuel Edyme, nickname – Him – Buktu. A web3 content writer, journalist and aspiring trader, Edyme is as versatile as she comes. With the nose of language tips and trends, he writes for many industry players, including Ambcrypto, BlockChain.News, Blockchain Reporter and more.

Edyme’s foray into the crypto universe is nothing but a movie. His journey began with scams rather than with victory investments. Yes, the Ponzi scheme, which used Crypto as a payment, involved him. Instead of retreating, he was smarter, more determined, and led his experience to over three years of insightful market analysis.

Before he became the voice of reason in the crypt space, Edim was a typical code ingestion. He promised quick money, apes, and learned ropes the hard way. These practical experiences through major market events, including Terra Luna Crash, the wave of bankruptcy at Crypto companies, the infamous FTX collapse, and even the arrest of CZ, have hone his keen sense of market dynamics.

If he hasn’t created any compelling cryptographic content, Edyme’s backtest charts are found and will study both the Forex index and the synthetic index. His dedication to mastering the art of trading is as unforgiving as pursuing the next big story. Away from his screen, he can be found at the gym. Or maybe he’s catching some Z or scrolling through Elon Musk’s very own X platform (Oops, another screen activity, my bad…)

Well, an introvert, Edim thrives in the digital realm and prefers online interactions to offline encounters – don’t judge, that’s how he builds. His resolve is honestly very unwavering, embodying the philosophy of continuous improvement, or “kaizen,” which he strives to be 1% better every day. His mantras, “God Knows Best” and “Everything is Still on the Go” reflect his resilient prospects and how he lives his life.

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Edyme considers him to be a bit stubborn, but rather reasonable man. It’s not normal for you to him. He is not a person on the easy path, and why is he? That’s not the way he rolls. He has these favourite lyrics from NF’s “Cloud.” This resonates deeply with him.

ps—Edim is him. Him-buktu. him-mulation. He – Kardashian. Himon and Pumba. He tested his DNA and what do you guess? He is 100% Him-Alayan. Screw it in and he ate an opp.

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Dogecoin Supply In Loss Hits Almost 50%: How Bitcoin, XRP Compare https://earlybirdsinvest.com/dogecoin-supply-in-loss-hits-almost-50-how-bitcoin-xrp-compare/ https://earlybirdsinvest.com/dogecoin-supply-in-loss-hits-almost-50-how-bitcoin-xrp-compare/#respond Wed, 09 Apr 2025 09:26:44 +0000 https://earlybirdsinvest.com/dogecoin-supply-in-loss-hits-almost-50-how-bitcoin-xrp-compare/

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On-chain data shows Dogecoin has seen almost a majority of its supply dip into loss. Here’s how other top coins like Bitcoin and XRP compare.

Dogecoin & Other Major Coins Have All Seen A Decline In Profitability

In a new thread on X, the on-chain analytics firm Glassnode has shared an update on the Supply in Profit for different top coins in the cryptocurrency sector. The “Supply in Profit” here is an indicator that keeps track of the percentage of an asset’s circulating supply that’s sitting on a net unrealized profit right now.

The indicator determines this by going through the transaction history of each coin in circulation to check for its last transfer price. If this previous selling value for any coin is less than the current spot price, the metric considers the token to be holding a gain.

It adds up all coins fulfilling this condition and finds what percentage of the total supply they make up for. Another metric known as the Supply in Loss keeps track of the supply of the opposite type.

Since the total supply must add up to 100%, the Supply in Loss can also simply be derived from the Supply in Profit by subtracting its value from 100, and vice-versa.

Now, here is the chart posted by the analytics firm that shows the trend in the 7-day simple moving average (SMA) of the Supply in Profit for eight cryptocurrencies over the last few months:

Dogecoin, XRP, Bitcoin Supply in Profit

The value of the metric seems to have been sliding down for these assets in recent days | Source: Glassnode on X

As displayed in the above graph, all of these assets have witnessed a decline in the Supply in Profit to some degree in 2025 so far, as a result of the market-wide downturn. The decrease in profitability hasn’t been proportionate, however, with some assets going through only a relatively small drop.

This has meant that while the coins were all inside a narrow band back in January, they have diverged since then. Dogecoin (DOGE), for instance, has seen an additional 32.3% of its supply go into loss during this window, putting its Supply in Profit at 50.8%.

This means that almost a majority of the memecoin’s supply is now underwater. There are assets that have had it even worse than Dogecoin, however, like Ethereum (ETH) and Solana (SOL).

The former has seen the metric go down to 44.9% (a drop of 39.9 units) and the latter to 31.6% (down 46.8 units). Thus, the investors of these assets, especially that of SOL, would currently be in major distress.

On the exact opposite end are XRP (XRP) and Tron (TRX), with more than 80% of the circulating supply still in the green. Bitcoin (BTC) and Toncoin (TON) also still have a decent majority of the supply above water, with the indicator sitting at 76.8% and 76.7%, respectively.

Historically, a high value on the Supply in Profit has actually been a bearish signal for any asset’s price, as it’s the profit-holders who are the most likely to impede a price rally. A low value, on the other hand, can help the cryptocurrency bottom out, as profit-takers run out.

From this perspective, the coins on the lower end like Dogecoin, Ethereum, and Solana may be in a better spot for future price action than the likes of XRP and Tron.

DOGE Price

At the time of writing, Dogecoin is floating around $0.154, up more than 11% over the last 24 hours.

Dogecoin Price Chart

The price of Dogecoin has rebounded during the past day | Source: DOGEUSDT on TradingView

Featured image from Dall-E, Glassnode.com, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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