Ethereum Whales Accumulate Over $1 Billion Amid Market Rebound

Ethereum whales are back in action, taking advantage of the market’s recent dip to make significant purchases. Over the last 96 hours, whales have accumulated 340,000 ETH, worth over $1 billion. Ethereum fees have declined by 80% in ETH terms over the past three years, leading to less ETH being burnt pic.twitter.com/vGQuq1YDdC — IntoTheBlock (@intotheblock) … Read more

Ethereum Shows Strong Conviction As Long-Term Holders Ramp Up Accumulation

Long-term holders of Ethereum (ETH) have demonstrated unwavering conviction in 2024, with their collective holdings steadily increasing. Currently, around 110 million ETH is held by these long-term investors, marking a significant rise in their stake over the past two years. Social sentiment surrounding Ethereum has turned notably negative, reaching its lowest point since December 18, … Read more

Ethereum Shows Strong Accumulation Trend As Whale Activity Grows

Since the start of December, Ethereum ($ETH) has seen a marked outflow from exchanges, with over 400,000 ETH leaving since December 1. This trend of accumulation suggests increased confidence among investors, particularly as the price of ETH recently pushed back above the $4,000 mark, solidifying this level as strong support. Since the beginning of December, … Read more

Ethereum Fees Surge Amid DeFi Activity As Whales Accumulate Positions

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 … Read more