Ethereum’s network activity appears to be rebounding, as evidenced by a significant increase in active addresses over the past 24 hours. Concurrently, the proportion of the total supply in profit increased to 63%, reinforcing the prevailing bullish sentiment within the network, as the majority of holders opt to retain their positions rather than engage in … Read more
ETH has experienced a decline in short-term momentum following its recent rally. However, the network has not exhibited a significant reduction in activity. Ethereum’s tradable supply on crypto exchanges has reached an unprecedented low. Currently, a mere 3.49% of ETH is retained on monitored platforms. Recent data indicates that an additional 1.16% of ETH supply … Read more
Ethereum’s price has finally provided bulls with a favourable scenario to capitalise on. After declining to $2,360.70 around September 16, ETH surged to $2,668 per coin before stabilising around $2,600, regaining levels not observed since January. Yet when one takes a broader perspective, the resurgence appears markedly distinct. Ether remains approximately 47% below its peak … Read more
Ethereum has entered a consolidation phase following a notable recovery from the $1.5K region. The cryptocurrency is currently trading just under $2.5K, demonstrating a degree of resilience despite multiple attempts to breach the upper limit of its recent trading range. Meanwhile, exchange reserves continue to decline, indicating a potentially constructive supply-side backdrop. The daily structure … Read more
