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

Ethereum on Track for $5,000 as Network Activity Surges: Cryptoquant Report

Ethereum may be heading for a breakthrough above $5,000, with Cryptoquant analysts pointing to a mix of tightening supply, climbing demand, and lively network activity as driving factors. Will Ethereum Break $5K? Cryptoquant Highlights Key Indicators According to Cryptoquant‘s December 2024 analysis, ethereum (ETH) is riding a wave of favorable trends, fueled by data from … Read more