Ethereum has hit a 2-year high of $440 per coin but has reduced to $434 for now, according to the data from CoinMarketCap.
Meanwhile, the platform’s fundamentals regarding ETH wallets have seen new all-time highs, as well as ETH exchange outflow metrics, as reported by Glassnode.
![ETH](https://cryptocomes.com/sites/default/files/styles/736x/public/inline-images/ethereum-charts.jpeg?itok=ODTZv-BQ)
Number of ETH wallets with large holdings spikes to new ATHs
Glassnode research firm has reported that fundamentals regarding ETH wallets have improved and reached new all-time highs.
Today, the amount of wallets storing 1+ ETH has risen to a new ATH of 1,091,959. The amount of ETH addresses holding 0.01 coins has surged to 8,951,206. This metric has shown a rise by 4,731 from earlier today.
![ETH](https://cryptocomes.com/sites/default/files/styles/736x/public/inline-images/ETH.png?itok=NYhAT1I0)
Users withdrawing ETH from exchanges, $70 mln in ETH wired by whale
More analytics data shared by Glassnode shows that users have been taking their ETH from crypto exchanges – the Glassnode metric regarding this spiked to a 19-month high of $12,092,109.46 today.
On Friday, it reached the highest value in 13-months.
Meanwhile, Whale Alert has detected that a whale transferred a mammoth-sized amount of $70,065,185 in ETH (160,296 coins) from one unregistered address to another.
On Friday, CryptoComes covered a report by DappRadar stating that the total value of ETH locked in DeFi had exceeded a whopping $5 bln and that was a likely factor to drive ETH to the new ATH on crypto exchanges.