Ethereum stands as the second-largest cryptocurrency by market capitalization, currently holding a valuation of approximately $384.9 billion. However, it has experienced one of its most significant downturns in recent months. The asset has persistently traded beneath the $3,200 mark for over 20 days, reflecting a prevailing weak sentiment, with some investors opting to exchange the … Read more
ETH is currently trading at $3,159.27, hovering near a crucial support level as institutional whales have invested $1.37B amid November’s 12% correction. Meanwhile, 21Shares has introduced new crypto index ETFs. This week, the primary driver behind ETH’s price movement has been substantial whale accumulation observed during the correction in November. Recent data indicates that significant … Read more
Ethereum appears to be experiencing front-running activity. The pivotal inquiry isn’t whether it can hit $6,500 in the near future, but rather if traders are already factoring it into their strategies. Major holders are back in action, and the supply on exchanges is decreasing. Institutional investors are making their moves ahead of the curve, while … Read more