Ethereum’s leverage ratio has surged to a new all-time high of 0.57, signaling a significant shift in market dynamics and investor sentiment. This uptick in leverage reflects growing confidence in Ethereum’s future performance and the willingness of traders to take on more risk. 
Ethereum’s #ETH leverage ratio hitting a record 0.57 is a 
signal for market dynamics! Here’s why it matters:
Leverage Uptick: Traders are showing increased confidence in #Ethereum with leverage surpassing #Bitcoin—reflecting a shift in market sentiment. 
Market Risk… https://t.co/7hGZiscSGI — Bitcoinsensus (@Bitcoinsensus) January 3, 2025 Leverage Surge: A Strong Market Signal Traders’ increased reliance
The post Ethereum Leverage Ratio Hits Record High: Whales and ETFs Drive Market Momentum appeared first on The Merkle News.
]]>
The concentration of over 50% of ETH’s supply in a small pool of wallets could pose key risks to Ethereum’s decentralization. Ethereum Whales Hit Highest Holding Ever Ethereum’s (ETH) surge to $4,000 has rekindled interest in the second largest cryptocurrency by market cap. With BTC setting new all-time highs, ETH could be next as the […]
]]>In a whirlwind 24-hour period, Ethereum, the second-largest cryptocurrency, made waves by surpassing the $3,000 threshold before settling back to $2,977 at the time of reporting. Adding to the excitement, Ethereum also saw a surge in new wallet creations, with a staggering 267,000 fresh wallets recorded. This influx marks the highest number of new wallets in nearly two years, signaling renewed interest and participation in the Ethereum ecosystem. #Ethereum Records 267K New Wallets, the Highest in Nearly 2 Years. @santimentfeed $ETH #cryptocurrencyhttps://t.co/3yVvcot09I — TheCryptoBasic (@thecryptobasic) May 2, 2024 However, amidst the excitement, an intriguing development emerged from Lookonchain data: an
The post Ethereum Surges Past $3,000 Mark Amidst Record Wallet Growth appeared first on The Merkle News.
]]>
While there’s a number of bitcoin whales that often get caught by blockchain parsers and written about in media reports, ethereum whales get a lot less attention. According to statistics in 2022, there are a lot more ethereum whales than holders with large sums of bitcoin. In fact, while the top 100 richest bitcoin addresses […]
Powered by WPeMatico
]]>
Onchain data shows that during the market carnage this past weekend the number of ethereum whales increased significantly, while ETH prices dropped by 30%. Analytics from the data firm Santiment shows 68 new whales joined the network during the last three days. During the last three days, cryptocurrency prices dropped considerably but ethereum (ETH) and […]
The post Whale Watch: 68 New Whales Join ETH Network, BTC Holds Lowest Concentration of Whales appeared first on Bitcoin News.
Powered by WPeMatico
]]>