Two key divergences indicate that Ethereum’s outperformance against Bitcoin may only be in its early stages. Notably, Lookonchain has identified consecutive whale accumulation, with one whale withdrawing over 74,000 ETH and another more than 10,000 ETH. The crucial aspect to consider? Both whales staked all of the ETH they accumulated, indicating a distinct departure from … Read more
The price of Ethereum has remained steady around $1.8k. After successfully rebounding from $1800, the altcoin has demonstrated relative strength, increasing to $1876. As this time, Ethereum is trading around $1866, reflecting a modest increase of 1.7% on the daily charts. As ETH hovered around $1.8k, large investors exhibited optimism and initiated long positions. According … Read more
After failing to maintain the $1.8k level, Ethereum has persisted in trading around $1.7k. As of this time, ETH is priced at $1748, reflecting a modest increase of 0.68% on the daily charts. Interestingly, this market pullback has generated an optimal buying opportunity, particularly for high-net-worth investors. Amid prolonged lateral price action, large holders have … Read more
Ethereum has encountered increased selling pressure following a significant reduction in positions by large holders, who have divested approximately 550,000 ETH, amounting to nearly $880 million, within the last week. The scale of the distribution indicated a rising caution among significant market participants, which in turn augmented the available supply entering the market. Consequently, Ethereum … Read more
Ethereum whales have reemerged, engaging in both staking and purchasing activities. Lookonchain data suggested that Andreessen Horowitz (a16z) seemed to be acquiring Ethereum. On June 23rd, a wallet linked to a16z withdrew 25,560 ETH, equivalent to $42.62 million, from Binance. On the same day, Tom Lee’s Bitmine acquired an additional 35,138 ETH, valued at $58.65 … Read more
A significant Ethereum whale has ramped up its accumulation efforts following the acquisition of 7,000 ETH valued at $11.8 million. The most recent acquisition increased the total purchases of the wallet to 17,800 ETH, which is valued at around $29.76 million over the last ten days. Such sustained buying activity underscored an increasing confidence among … Read more
Ethereum maintained its upward trend on June 15th, rising by 2.75% for the second consecutive day. The decision was made following a change in market sentiment, influenced by news of a U.S.-Iran peace agreement and the reopening of the Strait of Hormuz. ETH was valued at 1,720, reflecting a 2.75% increase over the last 24 … Read more
Ethereum briefly plunged below the $2,000 threshold this week for the first time since March 29. While the price has since stabilised and is currently trading near $2,002, it still remains almost 60% below August’s high of nearly $5,000. However, data indicate that the largest holders of ETH are once again in a phase of … Read more
Ethereum experienced a brief dip below the $2,000 mark this week, marking its first descent beneath this level since March 29. While the price has since stabilised and is currently trading near $2,002, it still remains almost 60% below August’s high of nearly $5,000. However, data indicates that the largest whales in the ETH ecosystem … Read more
A dormant whale movement typically elicits one of two responses: fear, uncertainty, and doubt or a reevaluation of one’s conviction. Recently, whale trackers have identified an Ethereum whale transferring 2,000 ETH following a decade of inactivity. From a technical standpoint, moves like this often signal either potential distribution or a dip in conviction, especially when … Read more