Ethereum Wallet Count Surges Past 175.5M as Staking Drains Exchange Supply
Jan 28, 2026
< 1 min read
by Chayanika Deka
for CryptoPotato

Share:
AI Overview
Ethereum (ETH) dropped to almost $2,800 amid geopolitical tensions but rebounded above $3,000 by Wednesday. The network is experiencing growth with record wallet numbers and a decrease in exchange-held supply.
Bullish
Ethereum (ETH) slid to nearly $2,800 over the weekend as rising geopolitical tensions pressured risk assets. The pullback, however, was followed by a modest rebound, which lifted the crypto asset back above $3,000 by Wednesday.
Despite this volatility, the network keeps growing, with record wallet numbers and a shrinking exchange-held supply.
Read More


