Ethereum Watch

Ethereum-based NFTs on OpenSea saw its highest monthly sales volume since August 2022. OpenSea saw increased activity in the last 30 days. With Blue Chip non-fungible tokens (NFTs) collections at the forefront, the year has so far seen a resurgence of interest in profile-picture (PFP) NFTs.  Advertisements Ethereum-based NFT sales have soared to a four-month […]

Ethereum (ETH) total value staked has surpassed 15.9 million. The increase in the value of ETH might be a major contributor to the increase in stake inflow. Since the merge, validators have been able to contribute to network security by staking their Ethereum [ETH]. However, the total amount of ETH that has been staked has […]

Ethereum addresses with a non-zero balance rise to reach an all-time high. The king alt’s percent supply in profit also crossed over the 60 mark. Over the years, there has been a growth in Ethereum [ETH] addresses, and the most recent merging has further stoked curiosity. While the price of Ethereum declined for the majority […]

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 […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH’s weak fundamentals could delay immediate price reversal. Short-term Ethereum holders’ profits could be cut to size.  Ethereum [ETH] dropped below its $1,600 mark after Bitcoin [BTC] lost the $23k zone. BTC sharply […]

The count of validators running the PoS network has exceeded 500,000. As the market corrects, ETH’s price has fallen by 5% in the last 24 hours.  The number of validators on the Ethereum [ETH] Proof-of-Stake network surpassed 500,000, according to data from Glassnode. This milestone comes ahead of the scheduled upgrade for the Shanghai network, […]

70% of Ethereum staked is controlled by staking services, which has raised concerns about decentralization. Revenue generated by Ethereum has increased despite a decline in trading activity. According to data provided by glassnode, it was observed that 70.86% of all Ethereum staked on the beacon chain was being staked by staking services such as Lido, […]

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 […]

On-chain data showed that Shiba Inu was an undervalued token despite its latest uptick. The activities of Ethereum whales suggested that SHIB could be a long-term play. Shiba Inu’s [SHIB] performance in the last 30 days seemed to have erased the memories of the memecoin’s abysmal performance in 2022. During the said period, SHIB recorded […]

MetaMask gives ETH holders an early bull run, especially for those looking to stake their coins. ETH experiences a resurgence of sell pressure as it approaches a key resistance range. Ethereum [ETH] holders now have an extra incentive to keep their funds on MetaMask, as MetaMask staking will act as the new Ethereum staking program, […]