Tag: Ethereum

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (December 2) – ETH Remains Bullish Despite Losing 3%, Bigger Explosion Ahead

Despite struggling with volatility in the past few days, Ethereum’s price broke higher to tap the $3,700 zone today. The price is down but bigger moves lie ahead as it targets the current high while gathering liquidity. Unlike Bitcoin, Ethereum did not slow down buying in the past week despite […]

Crypto, News

Ethereum Market Trends: Whales Accumulate As ETFs See Record Inflows

Ethereum’s on-exchange supply ratio has fallen to levels not seen since 2016, even as its circulating supply continues to grow. Despite the ongoing price slump, major investors, often referred to as “whales,” are quietly increasing their holdings instead of liquidating assets. “Ethereum’s exchange supply ratio has dropped to 2016 levels, […]

Crypto, News

Ethereum’s Dominance Surges As $ETH Outpaces Bitcoin In Key Metrics

By November 2024, Ethereum ($ETH) has significantly increased its transaction dominance, now accounting for approximately 40% of all blockchain activity. This consistent growth throughout the year is a testament to Ethereum’s scalability and its expanding role in decentralized applications (dApps) and smart contracts. By November 2024, Ethereum’s transaction dominance has […]

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (November 25) – ETH Gathers Momentum For Bigger Moves, Is $4k Next Target?

Ethereum’s bullish trajectory remains intact on the daily chart following a fresh bounce from a key support level. The price now looks stalled due to a recent rejection. Bigger moves expected if the price rallies up. Following a dramatic breakout from the critical $2,800 level in the first week of […]

Crypto, News

Ethereum Accumulation Intensifies Amid Market Optimism

Ethereum is witnessing a surge in accumulation as on-chain data highlights a steady increase in holdings, indicating rising confidence in $ETH’s future potential. Historically, Ethereum has often benefited from profit rotations following Bitcoin’s major price moves, and the current market setup seems primed for a similar scenario. Ethereum accumulation is […]

Crypto, News

Ethereum Shows Resilience As Retail Investors Stay Confident Amid Price Surge

Ethereum ($ETH) has recently experienced a notable price surge, yet retail investors are holding firm, signaling strong confidence in the cryptocurrency’s long-term growth prospects. Despite market fluctuations, low exchange inflows and a near-breakeven SOPR (Spent Output Profit Ratio) indicate that investors are choosing to hold onto their positions rather than […]

Crypto, News

Bitcoin and Ethereum See Record Outflows As Whale Movements Signal Profit-Taking

This week, Bitcoin ($BTC) and Ethereum ($ETH) experienced massive outflows from exchanges, with net outflows for both exceeding $1 billion—the highest levels since May 2023. These movements indicate heightened investor activity, as traders move assets off exchanges, often a signal of long-term holding or preparation for decentralized applications. Both $BTC […]

Crypto, News

Ethereum Whales Stir As Large Transactions Surge And Spot ETF Sees Strong Inflows

Ethereum whales are becoming more active, with the daily number of large transactions exceeding 10,000—a level not seen since August. Ethereum whales are waking up, with the daily count of large transactions surpassing 10,000—the highest level since August. pic.twitter.com/xpnaMz5vHk — IntoTheBlock (@intotheblock) November 14, 2024 One notable whale, who acquired […]

Crypto, News

Ethereum’s Momentum Surges As Whale Activity And ETF Inflows Reach Record Highs

Ethereum is once again demonstrating the growth that cemented its position as the second-largest crypto asset by market cap, a title it has held consistently for nearly eight years. Recent data reveals a surge in whale transactions, with key holders significantly ramping up activity—contributing to Ethereum’s recent 14-week high in […]

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (November 11) – ETH Hits Four-Month High Following 30% Surge In A Week, More Gains Ahead?

Last week saw Ethereum through a major breakout after subjecting to a sideway trend for three months. It exploded significantly to a new multi-month high but is now looking calm after failing to break higher. A week ago, Ethereum traded as low as $2,350 after opening bearish for the month. […]