Ethereum registered its largest daily exchange outflows in over four months, with 169,770 ETH leaving exchanges as market participants anticipate a potential price rebound. Santiment Intelligence is analysing the recent withdrawals in relation to a comparable spike observed on June 5th. Subsequent to that timeframe, Ethereum experienced approximately 223,800 ETH in net outflows as its … Read more
After hovering between $2.3K and $2.4K, Ethereum finally broke out of the range, climbing to $2,526. However, the altcoin soon retraced below $2,500. At press time, Ethereum was valued at approximately $2,435, reflecting a decline of 0.16% on the daily charts. Whales persisted in their accumulation amid the volatility; however, this activity has not yet … Read more
An Ethereum whale transferred 10.3K ETH, valued at approximately $19.5 million, from Kraken within a 24-hour period. The activity adhered to the established trend of wallet withdrawals, concurrently resulting in a reduction of the funds maintained by the wallet on the exchange. Notably, the whale withdrew another 5,000 ETH, valued at approximately $9.53 million, in … 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
