“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
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
The price of Ethereum has recently surged, surpassing $2,000, after BlackRock’s filing for a Spot Ethereum ETF with the Delaware Department of State. Moreover, Dune Analytics found that as demand for network block space has risen, the transaction costs on Ethereum have climbed dramatically. During the last day, the cost
Ethereum, the second-largest cryptocurrency, just hours ago reached a four-month high of $1,929, breaking the key resistance level of $1,900. At present, it is trading at $1,919, reflecting a 3% gain over the past 24 hours. Data from IntoBlockchain indicates that Ethereum remains in a “mostly bullish” position, with strong
When comparing the blockchains with the highest total value locked (TVL) in DeFi, Ethereum, the leading altcoin and smart contract platform, had its TVL drop by 0.25%, to $24.05 billion, but it still leads the pack. Moreover, according to CoinShares’ most recent weekly report, $767 million has flowed into digital
In October, Ethereum, the second-largest cryptocurrency, experienced a bullish run that extended into November, breaking through the $1800 resistance and reaching a three-month high of $1873 just hours ago. This surge has been a game-changer for Ethereum, which was in a prolonged bearish phase before taking a bullish break in
Ethereum (ETH) continues to tread a delicate path, facing resistance as it attempts to break free from a descending trendline that’s been in place since April, when it reached its yearly high of $2,141. After dipping to a low of $1,536 on October 13, ETH made a rebound, surging to
Many altcoins are benefiting from the bullish sentiment in the crypto market caused by investors’ hopes that a Bitcoin ETF would be approved in the United States. According to statistics from CoinMarketCap, the price of ETH has increased by about 19% in the previous 7 days. Moreover, it has since
Ethereum, the second-largest cryptocurrency by market capitalization, has been displaying resilience against bearish market trends. Just hours ago, it surged to a 10-week high, reaching $1,852. This significant rally followed a day of strong market performance, with the total market capitalization surging by over 8%. Even Bitcoin, the leading cryptocurrency,
The recent update by Whale Alert, a blockchain tracker implies that recently, a large sum of Shiba Inu changed hands between two unknown digital wallets. This move is worth a phenomenal $32,142,200. This week is the seventh time an unknown whale has transferred a gigantic mass containing 3.5 trillion Shiba
