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Search Results for: Ethereum Whales

Ethereum Faces Brief Correction After Recent Rally Above $2400

Vitalik Buterin, co-founder of Ethereum, has shared his year-end reflections on the network and returning it to its cypherpunk origins. Reminiscent of Ethereum’s “cypherpunk” roots, the December 28 blog post restated the cryptocurrency’s fundamental principles. Bitcoin and Ethereum had lofty aspirations in their infancy, with the goal of creating a

December 29, 2023 2 mins read

Arbitrum Hits 8-Month High; Whales Drive ARB Accumulation

In a whirlwind of market activity, Arbitrum, Ethereum’s layer-2 network, surged to an eight-month high of $1.4567, marking a staggering 15% surge within the last 24 hours. This surge was accompanied by a remarkable 315% uptick in trading volume, driving the market capitalization up by a striking 15%. Moreover along

December 23, 2023 1 min read

Ethereum Battles for Stability: Can Bulls Turn the Tides?

Ethereum, the second-largest cryptocurrency, has experienced high price volatility and remained under bearish control for over three days. However, today marks a potential recovery as ETH surged by 3% in the past 24 hours, paralleling the global market cap’s 4% surge within the same timeframe. ETH hit a two-week low

December 19, 2023 2 mins read

Dormant Ethereum Whale Awakens with $11.3 Million Sell-off Move on Coinbase

A long-dormant Ethereum (ETH) whale has resurfaced, making a substantial deposit of 5,000 ETH worth approximately $11.3 million to Coinbase. This revelation comes from insights provided by Lookonchain, a leading crypto-analytics platform. Typically, when large deposits are made to crypto trading platforms by dormant whales, it often signals an intention

December 14, 2023 2 mins read

Ethereum Price Faces Brief Correction Post Recent Strong Rally

Whales now possess a larger share of Ether than a year ago, according to IntoTheBlock. Recent reports suggested a significant growth in the holdings of Ethereum whales. An increase from 32% in January to about 35% was shown by the figures. There has been a noticeable rising tendency over the

December 7, 2023 2 mins read

Can Ethereum Break Free From Its Sluggish Momentum?

In a tumultuous November for the crypto sphere, altcoins soared to unprecedented heights only to be swiftly brought down, tracing volatile patterns that tested support lines. Ethereum, the leading altcoin, surged to a seven-month high of $2140 in the second week of this month before succumbing to volatility in subsequent

November 27, 2023 2 mins read

Ethereum Maintains $2000 Amidst Market Turmoil

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has demonstrated remarkable resilience in recent days. Amidst broader market uncertainty and fluctuations, ETH showcased a bullish rebound, defying the downward trend that affected several other coins. Over the past 24 hours, ETH surged by 4%, clawing back from recent losses and

November 23, 2023 2 mins read

Ethereum Price Shows Signs of Recovery Amidst Market Uncertainty

“Whales” have amassed a substantial amount of Ethereum. Throughout the last year, major ETH wallets have been adding ETH to their holdings. Tuesday saw the most gain for ETH in newly established wallets. Additionally, on-chain indicators corroborate the price movement of Ethereum. The top 200 Ethereum wallet addresses acquired 62,769,000

November 22, 2023 2 mins read

Ethereum Is Above $2000 Again but Will It Cross the $2100 Resistance?

Ethereum (ETH) has initiated a new rally, breaching the $1,950 resistance level. The second largest cryptocurrency is presently in a consolidation phase, eyeing a potential breakthrough above the $2,070 resistance. This positive momentum follows a key trajectory, from the $1,976 swing low to reaching a high of $2,061. Today, ETH’s

November 21, 2023 2 mins read