Ehereum’s weekly transaction fees have reached their highest levels since April, driven by a surge in DeFi activity and portfolio rebalancing following this week’s $100,000 Bitcoin retracement. This highlights the increasing demand for Ethereum’s network during volatile market conditions. Weekly Ethereum fees hit their highest levels since April, driven by significant DeFi activity and rebalancing in response to this week’s $100K market retracement. pic.twitter.com/OX8bFLHS1r — IntoTheBlock (@intotheblock) December 13, 2024 A notable whale activity was observed as address 0x148…640c8 capitalized on the recent price dip. Six hours ago, this wallet purchased 3,669 ETH, worth $14.23 million, at an average price
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