Ethereum Watch

Advertisements The validator queue on Ethereum has dropped to a record low. Staking APY has continued to decline in the past few months. The Ethereum network [ETH] validator queue has emptied for the first time since the network’s transition to the proof-of-stake (PoS) consensus mechanism in September 2022, according to data from Validator Queues. Advertisements […]

Advertisements The average cost of settling transactions over the week was just $1.13. ETH holdings continued to leave exchanges for self-custody. Once notorious for charging high fees for processing transactions, the Ethereum [ETH] blockchain became unexpectedly cheap to use in recent days. Is your portfolio green? Check out the ETH Profit Calculator Ethereum becomes super affordable […]

Advertisements The average transaction fees on Ethereum fell to its lowest level in 2023. ETH continued to move sideways. The average network fee paid to process transactions on the Ethereum [ETH] network has fallen to its lowest level this year, on-chain data provider Santiment noted in a recent post on X (formerly Twitter). 🤑 #Ethereum […]

Ethereum’s TVL continued bleeding as the market extended its uncertainty. ETH’s ecosystem maintained some health and top whales have been buying the dip. The crypto market just concluded another one of its most dormant weeks so far in 2023. Ethereum [ETH] and other top networks have experienced a significant slowdown in activity as is usually […]

Ethereum’s exchange outflows have increased in the past few weeks. This has occurred despite its sideways price movements. Leading altcoin Ethereum [ETH] has continued to experience a surge in exchange outflows, despite recent price action, on-chain data provider IntoTheBlock noted in a recent post on X. Advertisements ETH continues to record more significant exchange outflows, […]

Advertisements Exchange outflow passed inflows, impacting stability in ETH price. Activity on the Ethereum mainnet fell. In an interesting turn of events, Ethereum [ETH] has attracted whales’ interest of late. However, it was uncertain if the activities of whales would favor the ETH price action as it looked more or less gloomy in recent times. […]

Advertisements Ethereum’s CPI revealed that institutional investors in the USA have reduced their exposure to the altcoin On the daily chart, daily traders were spotted distributing their ETH holdings  Ethereum’s [ETH] Coinbase Premium Index (CPI) recently slipped into negative territory, suggesting that institutional investors in the USA have reduced their accumulation of the altcoin on […]

Advertisements ETH reserves across centralized crypto exchanges fell to a five-year low. Staked ETH supply has been hitting new all-time highs almost daily. Ethereum’s [ETH] liquid supply plummeted to new depths, as seasoned investors explored options other than active trading. As per a recent update by on-chain analytics firm Glassnode dated 11 August, ETH reserves […]

Advertisements Put options for ETH rose significantly, indicating bearish sentiment within the market. Implied Volatility witnessed an uptick as price declined. Despite earnest endeavors from Ethereum’s [ETH] development team to enhance the protocol, the price of ETH experienced a significant downturn in the past month. This decline exaggerated the bearish sentiment in the market towards […]

Advertisements The NFT volume on the blockchain reached its lowest since November 2022. Blur dominated OpenSea but trading activity on both marketplaces decreased. Once recognized as a thriving landscape of digital art and collectibles, the Ethereum [ETH] NFT market was now experiencing a period of turbulence as activity and volume took a notable downturn. According […]