Ethereum Watch

Despite APE’s recent setback and a massive price correction, dominant buyers continue to show faith in the token. What’s going on here? Advertisements ApeCoin crashed from $24.86 to $16.73 following Saturday’s Otherside sale. One of the reasons could be the congestion caused on the Ethereum blockchain through the minting of Otherdeed NFTs. This resulted in […]

Ethereum has risen gradually over the week, with the crypto’s movements stirring hopes that better days may be ahead. Even so, not everything is going smoothly, with one Ethereum developer pointing out something interesting about the ecosystem’s growing complexity. Advertisements $3000 beckons for ETH On the price charts, the world’s largest altcoin seems to be […]

Ethereum crumbled with the market during the last crash and is yet to recover to previous levels. The crash was characterized by sell-offs and liquidations from all angles, which continued even when the price dumped further. Fear of a bear market sparked this as investors wanted to get out before the price fell further. But […]

According to on-chain analysis, some Ethereum indicators are showing signals that whales are continuing to accumulate the cryptocurrency. Advertisements Ethereum Shows Negative Netflows As Exchange Reserves Continue The Downtrend As pointed out by a CryptoQuant post, ETH indicators seem to be moving in directions that suggest whales are continuing to accumulate. There are three important […]

Advertisements Ethereum’s top 10 whale addresses are continually accumulating ETH The Ethereum whales now hold 20.58% of ETH’s circulating supply This is the highest percentage they’ve held since May 2017 2.12% of their holdings was accumulated in the last 41 days Ethereum is once again trading below $2k with $1,700 being a support zone to […]

Advertisements Ethereum whales holding 1k to 10k ETH are still holding their coins The Ethereum whales started accumulating ETH in October 2020 Ethereum’s daily address activity is on the decline which is bearish Trader sentiment towards Ethereum continues to be negative and could lead to a capitulation event Ethereum whales holding 1,000 to 10,000 ETH […]

Advertisements Ethereum’s top 10 non-exchange whale addresses have doubled their holdings in the last 8 months At the same time, the ETH holdings of the top 10 exchange whales have halved in 7 months Value locked on DeFi using Ethereum has doubled in the last 3 months All these events and data point towards a […]