According to Lookonchain, Ethereum co-founder Vitalik Buterin made a notable transaction today, transferring 800 ETH, valued at approximately $2.01 million, to a multi-signature wallet. He then exchanged 190 ETH for 477,000 USDC. Buterin has previously stated that he hasn’t sold ETH for personal gain since 2018, opting instead to donate […]
Tag: Ethereum
Wintermute Continues Large-Scale ETH Withdrawals from Lido, Potential Sale Looms
Wintermute, a leading market maker, has continued its significant withdrawals of unstaked ETH from Lido. Yesterday, the Wintermute address 0x13D…91F9F received a total of 11,007 ETH from Lido, valued at approximately $27.27 million. Shortly after, 5,501 ETH—worth around $13.8 million—was transferred to Coinbase, indicating a possible sale. Wintermute 的 Lido […]
BlackRock Launches Spot Ethereum ETF In Brazil Amid Renewed Interest In Digital Assets
BlackRock has officially announced the launch of a spot Ethereum ETF in Brazil, which will be traded on the B3 stock exchange under the ticker ETHA39. This development underscores the growing global interest in cryptocurrencies, signaling that digital assets are becoming an increasingly important part of the financial landscape. The […]
Crypto Market Sees Bloodbath: $BTC And $ETH Plummet, Whales Liquidated
The cryptocurrency market witnessed a brutal sell-off, with Bitcoin ($BTC) and Ethereum ($ETH) prices dropping by 7% and 10%, respectively. The carnage resulted in 87,405 traders being liquidated for a staggering $318.46 million in the past 24 hours. The price of $BTC dropped by ~7% and $ETH dropped by ~10%! […]
Ethereum Whales Go On Buying Spree Amidst Supply Shock Fears
Digital asset investment products experienced a significant surge in inflows last week, totaling $533 million, the largest in five weeks, according to CoinShares. This influx was largely driven by Bitcoin, which saw inflows of $543 million, while Ethereum faced outflows of $36 million. According to CoinShares, digital asset investment products […]
ETHEREUM PRICE ANALYSIS & PREDICTION (August 27) – ETH Rejects $2.8k Following Break And Retest Pattern, Poise For Another Dip
Bouncing off a multi-month low earlier this month, Ethereum retraced for three weeks to retest crucial breakdown support as resistance last weekend. It saw a rejection and now looks set for a drop. Ethereum’s market structure is still looking much more bearish on the short-term trend following a lower low […]
Ethereum’s Quiet Strength: A Deep Dive Into Its Fundamentals
Despite a lull in on-chain activity, Ethereum’s gas fees have remained remarkably low, hovering below 2 Gwei since April. Meanwhile, the total ETH supply has grown by a modest 228,000, translating to an annual inflation rate of 0.5%. But beneath the surface, Ethereum’s fundamentals are flourishing. Due to the decrease […]
Ethereum Price Climbs As Exchange Balances Drop Below 10%
Ethereum has seen a notable uptick of 3% in the past seven hours, bringing its current trading price to $2,654. 📍 For the first time ever, the $ETH balance on exchanges has dropped below 10%. There is a HUGE difference in the balance of #Ethereum vs. #Bitcoin on exchanges. 👀 […]
ETHEREUM PRICE ANALYSIS & PREDICTION (August 20) – ETH Consolidates Amid Low Volatility, Deciding Next Major Move
Ethereum’s bias remains bearish on the daily chart following a recent crash to a yearly low. It has recovered slightly but is now trapped in a consolidation phase. A huge drop is expected if the supply level rises. Since Ethereum rejected $2,780 last week, the price has remained weak as […]
Ethereum Gas Prices Hit Record Low Amid Market Volatility
Ethereum’s gas prices have reached an all-time low as the cryptocurrency faces significant market challenges. Despite recent approval for Ethereum ETFs, $ETH has struggled since the Dencun upgrade. The total supply of ETH has increased by over 197,000 ETH, contributing to a 35% drop in its price. #Ethereum Gas Price […]
Ethereum Staking Surge And Market Trends: What You Need To Know
In recent weeks, Ethereum has experienced a significant uptick in staking inflows, surpassing 16,000 ETH. This increase became particularly notable towards the end of July and mid-August. Such large staking activities might be linked to recent price declines, suggesting a possible correlation between these events. Staking inflows surpassed a total […]
Jump Trading’s Potential Ethereum Sell-Off: What’s Next For The Market?
Jump Trading, a major player in the cryptocurrency space, might be gearing up for a significant Ethereum sell-off. Just an hour ago, the firm unstaked 17,049 ETH (valued at $46.5 million) from Lido and transferred the funds to the selling address “0xf58.” This move has sparked speculation that a large-scale […]
ETHEREUM PRICE ANALYSIS & PREDICTION (August 12) – ETH Turns Weak After Rejecting $2,700, Signals Fresh Dip
Ethereum is showing signs of weakness again after rejecting $2,700 last weekend. There’s still room for a retracement if the volume keeps rising. However, things might later get uglier with the latest bearish signal. Following the monthly breakdown of the important $2,817 support level, ETH rolled back to the yearly […]
Ethereum Fees Surge Amid Market Volatility, Hinting At A Potential Rally
Ethereum’s network fees spiked this week, driven by heightened market volatility. The surge in fees was largely fueled by increased activity on platforms like Uniswap and a wave of liquidations on Aave, reflecting the intense trading environment. Ethereum fees spiked this week as a result of the volatility, with Uniswap […]
Jump Trading Unstakes $29M In ETH from Lido Finance And Continues Redeeming WSTETH
Jump Trading has successfully unstaked 11,500 $ETH, valued at $29 million, from Lido Finance. Additionally, in the past hour, they redeemed 16,210 $WSTETH into 19,049 $STETH. The 11,500 $ETH has been transferred to the wallet “0xf58,” which Jump Trading frequently uses to deposit $ETH to centralized exchanges (CEX). Jump Trading […]
ETHEREUM PRICE ANALYSIS & PREDICTION (July 29) – ETH Revisits Yearly Low Following Latest Price Crash, Where Next?
Breaking down crucial multi-month support last week, Ethereum saw a heavy drop and crashed back to its yearly low. However, it recovered slightly earlier today following a sudden rejection. A week ago, Ethereum traded as high as $3,400 after making a short bounce from a reestablished support of $3,100. The […]
Digital Asset Outflows Surge Amid Market Uncertainty
Digital asset investment products have seen their first outflow of funds in four weeks, totaling $528 million, according to CoinShares. This trend is attributed to the looming US recession, geopolitical tensions, and widespread market liquidation. Bitcoin and Ethereum funds were hit hardest, with outflows of $400 million and $146 million, […]
Ethereum Faces Crucial Support Challenge As Whale Moves And ETF Activity Shift
Ethereum is currently at a pivotal point, with its key support level positioned around $2,700. The network is home to 11.11 million addresses holding a combined 59.07 million ETH. Data from @intotheblock indicates that approximately 3.69 million addresses each hold around 1.24 million ETH, with an average purchase price near […]