Ethereum Whales Moved $451 M in ETH from Top Exchanges, As ETH Balance on Exchanges Drops
AI Trading

Ethereum (ETH), the second-largest cryptocurrency in the world, has joined the list of 100 largest assets in the world by market capitalization, following the significant price surge it has been printing over the past weeks.

According to, this milestone was reached after an over 12% rise in the price of Ethereum (ETH) over the past 24 hours.

Read Also: This Metric Shows That Ethereum (ETH) Is Still Undervalued At Current Price

The Current Position of Ethereum (ETH) Among World Shakers

According to the report, Ethereum swiftly displaced twelve other assets on the list to emerge as the 88th largest asset in the world. Its position falls in between Bristol-Myers Squibb at 89th and Anheuser-Busch at 87th.

AI Trading

Ethereum (ETH) Joins the List of 100 Largest Assets in the World tweeted, “Ethereum entered the top 100 assets by market…”

Read Also: Santiment: Whales Are on Ethereum Accumulation Spree; Good for ETH Price Going Forward

The price of ETH has recently surpassed $1,200 for the first time since January 2018, having a record of a 62% upside trend in 2021 alone. Considering its bullish consolidation pattern, the top cryptocurrency could surpass its price all-time high of about $1,450 earlier than expected.

The gains accumulated by Ethereum this year have translated into a $53 billion increase in its market cap. The vast increase was enough to displace a number of household conglomerates, such as Wells Fargo, AstraZeneca, Philip Morris, Morgan Stanley, and Citigroup.

Ethereum (ETH) Replicating Bitcoin (BTC) Performance

At the moment, Bitcoin (BTC), the first and largest digital currency by market cap, is the only digital asset on the top 100 assets list aside from Ethereum (ETH) that recently printed an outstanding performance to join the list.

Bitcoin has outranked big techs and businesses across the world, including Visa, Berkshire Hathaway, Alibaba, and Tencent. It currently occupies the 10th position with a lot of room to improve.

Read Also: Wall Street giant Fund Seeks SEC Approval to Purchase $500 Million Worth of Bitcoin (BTC)

So, for Ethereum (ETH) to surpass Bitcoin (BTC) in the market cap rankings, its price would have to surge 5-fold to be priced at around $6,100, while Bitcoin remains at a 37,000 price level.

Whatever the case may be in the future, it’s becoming certain that cryptocurrencies, especially Bitcoin and Ethereum, are emerging to gain more prominence in the financial world.

Follow us on Twitter, Facebook, Telegram, and Download Our Android App.

AI Trading produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.