Ethereum whales and institutions like Andreessen Horowitz and Bitmine have been actively buying and staking Ethereum despite a recent price decline of over 20% in the past month. Notably, a16z moved $42.62 million worth of ETH from Binance, while Bitmine purchased over $150 million worth of ETH in recent transactions. Meanwhile, the second-largest Ethereum staking entity, Sharplink, increased its staked ETH holdings. Although Ethereum ETFs saw significant outflows in May and June, supply distribution data shows major whales accumulating ETH, suggesting growing long-term confidence and potential for future price recovery as liquid supply tightens.
Bitcoin remains above $62,500 and ether near $1,665, but weak price action and growing bearish derivatives positioning indicate bears control the crypto market. Despite some altcoins like monero and jupiter gaining 2-4%, the lack of a strong bounce a...
BitMine Immersion Technologies now holds about 4.7% of Ethereum's total supply, roughly 5.6 million ether worth $10 billion, with most staked and removed from the liquid market. The company aims to reach 5% ownership by 2026, creating a potential sup...
Solana's token price is falling toward the $68 support level amid a broader crypto market downturn, even as its onchain activity, including decentralized exchange volume and stablecoin supply, continues to grow significantly. Institutional partnershi...
Ethereum price remains below its 200-hour moving average, trading near $1,672 with pressure from continued ETF outflows and reduced futures activity on Binance. Analysts highlight key resistance at $1,750 and $1,800, with a potential downside target ...
Bitcoin's price remains steady near $62,569 after a slight 0.45% decline, with whale wallets showing selective activity rather than broad selling. Ethereum also saw a minor drop to $1,670, while the total crypto market cap holds at $2.23 trillion. On...
