Ethereum is up 15% versus Bitcoin since Shapella — More ETH price gains ahead?
Ether stakers have withdrawn $1.21 billion worth of ETH from Ethereum staking contracts since the Shapella upgrade. Go to Source Powered by WPeMatico
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Ether stakers have withdrawn $1.21 billion worth of ETH from Ethereum staking contracts since the Shapella upgrade. Go to Source Powered by WPeMatico
ETH price rallied as deposits briefly surged after the Shapella, but on-chain data suggests that 1.4 million ETH will be withdrawn in the short-term. Go to Source Powered by WPeMatico
Volumes from the top five Ethereum staking platforms suggest holders are hedging against the unknown until after ETH withdrawals are enabled. Go to Source Powered by WPeMatico
Ethereum funds have witnessed inflows worth only $600,000 in the week ending April 7 compared to Bitcoin’s $56 million. Go to Source Powered by WPeMatico
The latest fork on the “roadmap” shores up the network’s new validation mechanism while finally allowing stakers access to their ETH rewards. Go to Source Powered by WPeMatico
While it may cause downside pressure in the short run, the Shanghai upgrade will be extremely bullish for Ether’s price in the mid-to-long term, according to Vivek Raman. Go to Source Powered by WPeMatico
Ethereum price found news bullish momentum as traders gear up for next week’s major network upgrade. Go to Source Powered by WPeMatico
ETH price is showing strength, but network and derivatives data suggest that ETH will struggle to hold the $1,850 price level. Go to Source Powered by WPeMatico
Traders question whether the underperformance is due to the Shapella hard fork, while derivatives data indicates that ETH buyers lack conviction. Go to Source Powered by WPeMatico
Ether’s 78% price recovery since July 2022 is at risk of exhaustion due to an unconvincing volume profile. Go to Source Powered by WPeMatico