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Written by: Pan

At 0: 26 p.m. on July 30th, 20 1 15, Beijing time, Block 0 of Ethereum was officially excavated, including 8893 creation transactions, and more than 72 million ETH in the initial Ethereum network was distributed to 893 addresses.

The Ethereum network, which just celebrated its sixth birthday, will be upgraded in London this week. EIP- 1559 in this upgrade is the first economic model modification since the birth of Ethereum. The importance of this proposal is self-evident, but it has also caused great controversy among some miners and communities. As of press time, 35% of nodes have not been upgraded to support London hard fork, but in any case, all this will be settled in two days.

At this memorable moment for Ethereum, we made a simple analysis of the characteristics and asset holdings of those thousands of creation addresses, and also found some interesting conclusions.

There are two more intuitive dimensions to refer to the ETH status held by these 8893 addresses. One is the distribution of ETH held by these addresses and the number of ETH held.

According to the statistics of chain news, the total number of ETH currently held by these 8893 addresses is about 3.09 million ETH, which is nearly 96% lower than 72 million ETH six years ago.

However, in terms of dollar value, the asset prices of these addresses have risen sharply. Referring to the opening price of ETH on CoinMarketCap on August 7th, 20 15, the total value of 72 million ETH six years ago was $200 million. However, according to the current price of ETH of $2,500, the total value of ETH of 3.09 million exceeds $7.7 billion, which is nearly 40 times that of six years ago, and this increase was even more impressive when Ethereum hit a record high of $4,300 not long ago.

Another dimension is the distribution of the number of ETH held, especially the address with a balance less than 0.0 1 ETH, which is likely to be abandoned.

It is found that there are 53 17 created addresses with balances less than 0.0 1, accounting for about 60% of all created addresses. If the number of addresses whose standard is less than 1 ETH is expanded, it will account for about 82% (7248) of all created addresses.

Although these addresses have moved most of the Ethereum, it does not mean that the users behind these addresses have sold the Ethereum, because it is also very likely that they have just moved to other addresses, or users are sorting out the addresses, but these situations cannot be accurately judged from the chain.

Among these Chuangshi users, 8% of their addresses have hardly touched their ETH, especially in the past six years, the price of Ethereum has risen from the lowest less than 1 US dollar to the highest more than 4,000 US dollars, and these people's floating profits are at least several thousand times.

From the specific rules, we get the balance of these addresses at the time of creation and the current balance. If the difference is between 0.0 1 ETH and -0.0 1 ETH, it meets the standard, because many of them have received various airdrops or created smart contracts, so they may increase or decrease some ETH.

There are 723 addresses that meet this standard. Even more frightening is that these addresses hold more than 2 million ETH, accounting for 65% of the total ETH(309 million ETH) held by 8893 addresses. These 2 million ETH are currently worth about $5 billion.

Among these 8893 addresses, the current balance of one address is reduced by more than11.90,000 ETH compared with that when it was created, that is, almost all the ETH of the address in the creation stage was transferred out, leaving only a fraction (less than 10 ETH).

Address (0x5abfec2...56f9) received11.90,000 ETH when it was created (also the address with the largest balance when it was created). A week later, the address created an intelligent contract address (0xe0b295...7bae) to manage 1 1.9 million ETH. At present, the address is marked with the account label of "Ethereum Foundation" and the name label of "EthDev" on the Ethernet scan (there may be multiple name labels under one account label).

Therefore, from the address of EthDev, the current balance is close to 400,000 eth, which is 97% lower than the 1 1.9 million eth when it was created. However, like the above situation, the value of the US dollar has actually increased, from $33.68 million (ETH is $2.83) when it was founded to $654.38 billion (ETH is $2,500) today.

Blue is the balance of ETH, and the black dotted line is the total value of dollars holding ETH.

In addition, among the 8893 addresses, the balance of more than 40 addresses has increased compared with the balance at the time of creation, and the most increased address has increased by more than 30,000 ETH (now worth $75 million).

The address (0xddbd2b9… 12 1a) was given 10000 ETH when it was created. Within a few days, unknown users transferred all ETH to Kraken Tentacles Of The Deep, probably to sell these ETH or provide liquidity. Then, after 10, the address received a transfer of more than 80,000 ETH, and then it was transferred out in batches (part of it flowed to the exchange), leaving about 40,000 ETH. The balance of this address has not changed since 20 15 10.

The 80,000 eth received at this address actually came from the above EthDev. Therefore, a reasonable guess is that this user (institution) not only participated in the creation, but also had a deep connection with the Ethereum Foundation, which may be a developer, an internal address of an Ethereum Foundation, an early investment institution, etc.

There is very little information about this address in the network, but it may not be a coincidence that this address is used as a demonstration in Etherscan's developer documentation.