The proportion of Ethereum top holders' holdings has risen year-on-year, and the market response remains "restrained".

BlockBeats news, on November 28, according to data from glassnode, as of Wednesday, the share of Ether supply held by the top 1% addresses has risen to 97.6%, up from 96.1% a year ago. However, Nexo's scheduling analyst Iliya Kalchev stated that the market reaction remains “restrained.” Stable capital inflows and the continuously rising derivatives trading activity indicate that investors are selectively rebuilding their portfolios rather than actively rotating throughout the financial system.