Wallets Holding 1 ETH Hit All-Time High as Ethereum Crosses $500

Ethereum is undergoing what may be the start of a major rally, with record numbers of wallets holding one ETH or more and traders moving funds from centralized exchanges to smart contracts. 

Glassnode data shows that 1.170 million ETH wallets held over one ETH yesterday. That number has since risen to 1.171 million.