ETH
ETH Sell-off Overblown, TradFi Likely To Buy The Dips
Key takeaways: Ether’s correction aligned with broader altcoin moves, with liquidations offset by stable open interest. Ether options and perpetual funding data show weaker bullish demand, but no derivatives-driven trigger for sell-off. Ether (ETH) faced a 9.2% correction in less than 12 hours following a risk-off move in the cryptocurrency market. Despite more than $500 […]
ETH Eyes $6.8K In Q4 as Accumulation, CME OI Surges
Key takeaways: Roughly 1.7 million ETH ($7.5 billion) were accumulated in the $4,300 to $4,400 range, creating strong support. Institutional demand surges as CME open interest hits all-time highs with short-term maturities dominating. $4,500 remains critical for Ether, with a breakout triggering upside, but dips to $4,000 can’t be ruled out. Ether (ETH) continues to […]
Despite All-Time High ETH Prices, Network Revenue Drops 44% in August
Ethereum revenue, the share of network fees that accrue to Ether (ETH) holders as a result of token burns, dropped by about 44% in August, even amid all-time high ETH prices. Revenue for August totaled over $14.1 million, down from July’s $25.6 million, according to Token Terminal. The drop occurred amid ETH rallying by 240% […]
ETH Aims To Hold $4.3K, Corporate Treasury Growth Could Help
Key takeaways: Ethereum fees and DApps activity surged, surpassing Tron and Solana. ETH derivatives data show caution, but rising institutional reserves reinforce ETH’s long-term bullish case. Ether (ETH) has held firm around the $4,300 level despite a 15% decline from the Aug. 24 all-time high. The pullback came amid a broader cryptocurrency market correction, likely […]
Bitcoin whales rotate into Ether, despite $5B ETH validator exit queue
Bitcoin whales, or large tokenholders, are selling more of the world’s first cryptocurrency to gain exposure to Ether’s price. The move signals the market’s “natural rotation” into Ether (ETH) and other altcoins with more upside potential, Nicolai Sondergaard, research analyst at crypto intelligence platform Nansen, told Cointelegraph. The growing investor capital rotation occurred despite increasing […]
Ethereum exit queue hits Record $5B ETH, raising Sell Pressure concerns
Ethereum is seeing the largest validator exodus in crypto history, with over 1 million Ether tokens currently waiting to be withdrawn from staking through Ethereum’s proof-of-stake (PoS) network. Ethereum’s exit queue surpassed 1 million Ether (ETH) worth $4.96 billion on Thursday. This marks the amount of Ether set for withdrawal by the network’s validators, who […]
Blue-Chip NFTs Tumble as ETH Retreats From All-Time Highs
Blue-chip non-fungible token (NFT) collections had steep weekly declines as Ether pulled back from all-time highs. Data from decentralized finance aggregator DefiLlama showed that top projects saw their floor prices sink by double digits in the last seven days. Blue-chip NFT collections like Pudgy Penguins, Bored Ape Yacht Club (BAYC) and Doodles were among the […]
Crypto Funds Bleed With Nearly $1B Outflows in BTC and ETH
Cryptocurrency investment products expanded their losses on Tuesday, with Bitcoin fund outflows surging more than 300% and Ether losses doubling, both ranking as the second-largest outflows this month. Spot Bitcoin (BTC) exchange-traded funds (ETFs) saw $523 million in outflows on Tuesday, rising more than fourfold from Monday, according to Farside Investors data. Ether (ETH) ETFs […]
ETH Unstaking Hits $3.2B But ETFs Could Keep Prices High
Key takeaways: Ether queued for unstaking hits a record $3.8 billion, led by Lido, EthFi, and Coinbase. Strategic reserves and ETF holdings have jumped by 140% since May 1. ETH’s $4,200 support is critical, with $1.2 billion in longs at risk if the price tags the level. The staking ecosystem of Ethereum has reached new […]
ETH Price And OI Hit New Highs, Will It Last?
Key takeaways: Ether derivatives data shows weak demand for leveraged bullish positions. Corporations and TradFi favor independent layer-1 chains, challenging Ethereum’s dominance in decentralized finance. Ether (ETH) surged to $4,518 on Tuesday as traders showed a higher risk appetite following a modest 0.1% rise in US consumer inflation. Yet, beneath the surface, derivatives data suggests […]