Ethereum Watch

More than a million ETH has left centralized exchanges over the past week. The Ethereum exodus comes in the wake of the FTX collapse as holders grow wary of centralized exchanges. Advertisements According to Glassnode, 1.1 million ETH has been withdrawn from centralized exchanges over the past week. It is the largest 30-day Ethereum balance […]

Advertisements Summary: Uniswap’s trading volumes for Ether skyrocketed to $1.21 billion, beating centralized exchange Binance. $31 billion worth of transactions happened at decentralized exchange venues over the past week. “Not your keys, not your coins” crypto participants echo as FTX’s crash unravels further. Decentralized cryptocurrency exchange Uniswap facilitated over $1.21 billion in Ethereum transactions as […]

The total annualized issuance rate of ETH reduced substantially  Circulation also decreased, adding to Ethereum’s deflationary nature  Many speculations were made regarding what would lie ahead for Ethereum [ETH] post the Merge. One of the doubts that most had was around ETH’s deflationary nature. However, there was some clarity seen on that front as according […]

Ethereum [ETH] could risk a further decline despite losing over 23% of its value to trade at $1,261 in the last seven days. The reason for this possibility was the high deviation of on-chain withdrawals of the altcoin. Advertisements Onchain Edge, in a 11 November post on CryptoQuant, noted the state of these withdrawing transactions. […]

ETH is on a pullback after a sharp recovery from the current market crash.  Investors should watch the 0.236 Fib support level.  Bitcoin (BTC) recovered from the 16.69K mark to 17K, injecting a lifeline into the industry. The king coin’s gains also boosted altcoins.  Advertisements Ethereum (ETH), the altcoin king, is positively correlated to BTC. […]

ETH receives a 30% discount as the market crashes Whales holding 32 ETH reach new ATH Ethereum [ETH] experienced a sizable discount this week as the latest FTX-related events wreak havoc on the market. ETH reverted to price levels below $1,200 and the last time it was within this range was in July. Advertisements Read […]

Ethereum sharks and whales ramped up coin accumulation as the market attempted recovery Despite the freefall in the alt’s price, holders remain positive Before Binance confirmed withdrawing its offer to acquire embattled cryptocurrency exchange FTX, Ethereum [ETH] attempted recovery on the charts. During the intraday trading session on 9 November, data from Santiment revealed a […]

A new survey suggested most most addresses plan to hold on to their ETH reserves despite post-Merge FUD Large investors start showing interest in Ethereum as well Network growth and velocity decline  Bonus Insider, an online platform that reviews betting bonuses, revealed a new survey on Ethereum [ETH]. The survey focused on the behavior of Ethereum […]

Over 380,000 crypto market traders have been liquidated in the past 24 hours, resulting in over $875 million in positions closed. Both Bitcoin and Ethereum experienced double-digit drops. Advertisements The crypto market has taken suffered massive bleeding in the past 24 hours. The global market cap tanked by 6.8% to $950 billion. Over $875 million […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Ethereum saw a large selling volume and shifted the lower timeframe structure to bearish Technical indicators and futures traders both showed further losses were possible At the time of writing, the previous 24 hours […]