Ethereum whale wallets have amassed 17.41 million ETH, nearly 22% of the total supply, reaching a nine-week high during recent market weakness. This accumulation by large holders contrasts with cautious retail sentiment and suggests strategic positioning for a potential long-term recovery. Meanwhile, Ethereum's price remains under pressure, struggling to break resistance near $2,282 and hovering around a critical support level at $1,850. Analysts warn that a weekly close below $1,850 could trigger a sharper decline toward $1,560 or even $1,070, but the growing concentration of ETH in whale wallets may reduce circulating supply and increase future volatility.
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
Ethereum's new 'Strawmap' draft roadmap outlines seven major upgrades by 2029 aiming to reduce transaction finality from 16 minutes to as little as 6 seconds and increase Layer 1 throughput to 10,000 transactions per second. The plan includes advance...
Ethereum rose following a U.S. inflation report showing slower CPI growth, which weakened the dollar and boosted risk assets. Binance saw over $1.2 billion in Ethereum buy volume, pushing prices near $1,895. However, the rally lost steam as Bitcoin a...
SPX6900 surged over 12% in 24 hours driven by a 62% volume increase and strong buying from Solana whales, who raised holdings by 65%. Ethereum network activity also picked up, with transfers nearly quadrupling and transactions doubling, supporting th...
