Ethereum Watch

Tron founder Justin Sun transferred $15.5 million ETH out of his wallet to Poloniex. Despite the exchange inflow, ETH was able to resist sell pressure. On 25 January, Justin Sun transferred 10,000 worth of Ethereum [ETH] to his Poloniex account, Lookonchain disclosed. Such large transfers were usually with the intention to sell and probably push […]

The S&P 500 metric showed a price correction while Ethereum continued an uptrend. Percent Supply in Profit was over 67% at press time, representing a four-month high for Ethereum. The price of Ethereum [ETH] rose dramatically over the last few days, which indicated a bull trend. Consequently, the recent activity of the S&P 500 metric […]

ETH traders maintained a healthy appetite for SHIB at a critical time. SHIB experienced a strong surge, but the bears might be right around the corner. Shiba Inu [SHIB] is having one of its most important weeks in the recent past, mostly courtesy of Shibarium. This may have renewed investor interest, triggering more demand, which […]

ETH’s annualized inflation has dropped to 0.00002%. The value of transaction settlements on the Ethereum network is significantly higher than that on the Bitcoin network. For the first time since December 2022, Ethereum (ETH) issuance has returned to a deflationary state, data from ultra sound money revealed. The altcoin’s supply growth at the time of […]

The total value of ETH staked and validators on the network witnessed substantial growth Whales show interest in ETH as the number of transactions witnessed a surge Ethereum’s [ETH] staking activity continued its upward swing as the total value staked in ETH 2.0. deposit contract reached yet another ATH, data from Glassnode revealed. Advertisements 📈 […]

A Crest or trough trend per the exchange inflows could determine if ETH would succumb to a price decrease ETH approached the overbought region as directional movement was not firm Ethereum [ETH], the second largest cryptocurrency by market capitalization gained 8.74% in the last seven days. However, this increase could be short lived as per […]

This year, the cryptocurrency market saw a significant decrease in value, losing over $1.4 trillion. This decline was due to various issues faced by the industry, including failed projects and a lack of liquidity. Advertisements The industry faced several challenges, with a number of prominent players within the ecosystem filing for bankruptcy, including BlockFi, Celsius, […]

Activity on DEXes on Ethereum increased over the last few years. Moreover, the number of validators on the Ethereum network grew. According to a tweet by Delphi Digital on 29 December, the DEX activity on Ethereum [ETH] surged significantly over the past year. One reason for the same could be the mistrust in CEXes caused […]

ETC is at its lowest hashrate since the merge took place. ETC’s price has also declined by more than half since then. As miners undergo trying times on major Layer 1 blockchains, Ethereum Classic’s [ETC] hashrate clinched its lowest level since the merge, data from CoinWarz revealed.  Advertisements At a hash rate of 99.82 TH/s […]

New data suggests that the majority of Ethereum staked was handled by four providers Staking revenue declines however traders continue to show interest According to new data majority of all ETH staked was handled by four staking providers. This development could pose a threat to the decentralization of Ethereum. This data was shared by Delphi […]