Ethereum Merge approaches its 3-month anniversary, and metrics look quite...
According to Santiment’s on-chain analyst, Brianq, not every part of facet of Ethereum was obsessed with negativity. The analyst noted that whales had been phlegmatic with amassing the second-ranked cryptocurrency in market value weeks after the Merge up to the end of October.Source: Santiment
Still, the status reflected mostly neutrality as Brianq also agreed that the lack of extreme fear and greed contributed to the current condition.Nonetheless, short liquidations were not exempted as ETH preferred the upside in the last 24 hours. According to Coinglass, around the asset. Interestingly, there has been progression lately as ETH’s social dominance rose to 10.31%.. This was because of the condition displayed by the 365-day Market Value to Realized Value ratio.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ethereum sidechain Gnosis Chain to execute merge, details insideEthereum sidechain Gnosis Chain is going to execute a Merge on 8 December. Gnosis Chain transitions from PoA to PoS, following Ethereum Merge. This will be the second-ever Merge in the blockchain industry. A major Ethereum sidechain Gnosis Chain is going to execute a Merge today (8 December), transitioning from proof-of-authority (PoA) chain to proof-of-stake […]
Read more »
![Assessing Ethereum [ETH] derivatives demand behavior ahead of 2023](https://i.headtopics.com/images/2022/12/9/cryptoamb/assessing-ethereum-eth-derivatives-demand-behavior-assessing-ethereum-eth-derivatives-demand-behavior-1601057298658500609.webp?w=640)
Assessing Ethereum [ETH] derivatives demand behavior ahead of 2023Does ETH’s current derivatives demand match the spot market outcome? Assessing the level of leverage, whale activity, and liquidations in the market. Glassnode alerts just revealed that the ETH supply last active in the last one to four weeks has increased to a monthly high. This is a refreshing take from the relative inactivity we […]
Read more »
ETH key addresses intensify accumulation, weak hands continue to sell at a lossKey sharks and whales have grown their ETH holdings in the last month. Even after a price decline, ETH sees fewer sell-offs. Despite the continued decline in Ethereum’s [ETH] price due to the collapse of FTX, sharks, and whales (holders of 100 to one million ETH tokens) on the network exhibit no signs of slowing […]
Read more »
SAND’s demand among ETH whales sees uptick, thanks to BiconomySAND’s supply distribution confirms that whales have been accumulating. It is among the top tokens currently exposed to the 5000 ETH whales. SAND holders have a reason to have favorable expectations in the second half of this week. WhaleStats just confirmed that the Sandbox had one of the most used smart contracts among the top […]
Read more »
Ethereum sees increase in this set of holders; should you anticipate a rally?According to data from glassnode, addresses holding 32 ETH and above had increased to an all-time high An increase in this metric did not however reflect on the daily active address and 7-day active address metrics In recent weeks and months, the price of Ethereum (ETH) has not been very spectacular. Not just ETH’s low […]
Read more »
Staking withdrawals prioritized in Ethereum’s upcoming Shanghai upgradeETH developers have prioritized bringing staking withdrawals with the upcoming Shanghai upgrade. The Ethereum Foundation has clarified that it is committed to maximizing the success of its transition to proof-of-stake. The world’s second-largest cryptocurrency will undergo a major upgrade in the first quarter of next year. At the 151st Ethereum Core Developers Meeting held on […]
Read more »