According to Glassnode data, the number of addresses holding at least 0.1 Ethereum (ETH) has hit an all-time high. The holdings are still small, but it's a metric of adoption that has already made waves among Bitcoin holders.
According to a previous report on Bitcoin holders from the data provider, those holding less than 1 BTC are considered “shrimps” in the crypto food chain.
The report includes crabs (0-1 BTC), octopuses (10-50 BTC), fish (50-100 BTC), dolphins (100-500 BTC), sharks (500-1,000 BTC), and the larger holders, whales (1,000-5,000 BTC) and humpbacks (more than 5,000 BTC).
It's unclear the exact underwater creature a mini-ETH holder would resemble, but this population of crypto enthusiasts is nonetheless growing faster than giant kelp.