Whales of Ethereum: Day 1

Ever wondered how much the largest whales have in their wallet? Right now the largest non-registered and non-contract wallet on Ethereum is holding 1.28M ETH and is worth $2.28B USD.

The visual is a bit fast but if you watch it a few times, you will notice that most of the top users have been buying significant ETH amounts since about mid-2020 and the $USD of those positions have skyrocketed in 2021 so far.

Interestingly, these top users are mostly just buying and holding ETH - no significant ERC20 positions and certainly no selling. What do you make of this?