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Ethereum Whale Accumulation Soars To Highest Rate In 2 Years: What That Means For Investors

www.benzinga.com

The second largest cryptocurrency, Ethereum (CRYPTO: ETH), traded lower on Friday, falling below the $1,200 level, before bouncing back above the key level early Sunday. According to Santiment, Ethereum whales are accumulating the cryptocurrency at the highest rate since 2020.

Read in Full: www.benzinga.com
Bitcoin ETH
$ 3544.68

Timeline of Ethereum


Why Ethereum addresses holding more than 100 ETH increased suddenly - AMBCrypto

Ethereum addresses holding more than 100 ETH increased in the past weeks Staking rewards and the current price of ETH might be a motivation for the increased accumulation The price of Ethereum [ETH] has fluctuated between extreme highs and lows during the last few months, making investors less eager to invest in the coin.


Top Crypto Analyst Updates Outlook on XRP and Litecoin, Warns Ethereum Teetering on the Edge - The Daily Hodl

A closely followed crypto strategist is updating his stance on XRP and Litecoin (LTC) while warning Ethereum holders that ETH could witness another major sell-off event. In a new strategy session, pseudonymous analyst DonAlt says Ethereum is trading in a tight range between $1,120 and $1,200.


Ethereum Whale Accumulation Soars to Highest Rate in Two Years As ETH Bounces: Santiment - The Daily Hodl

A prominent market intelligence firm finds that Ethereum (ETH) whales are gobbling up the leading smart contract platform at the highest rate seen since 2020. According to crypto analytics agency Santiment, deep-pocketed Ethereum investors are snapping up ETH at a significant rate.


Are stablecoins giving Ethereum a run for its money? This new report suggests - AMBCrypto

Ethereum's market cap fell below stablecoins' market cap  The number of transfers and fees declined The FUD (fear, uncertainty, and doubt) surrounding the crypto market is the reason why the community has been looking for “stability” over the last few days.


MetaMask To Start Logging User IP, Ethereum Wallet Addresses With This New Policy - Benzinga

MetaMask will start logging users' IP addresses and Ethereum (CRYPTO: ETH) wallet addresses during on-chain transactions, according to an updated privacy policy agreement released by the wallet's developer ConsenSys. The data will only be collected if users use Infura, the default Remote Procedure Call (RPC) application provided by MetaMask, according to ConsenSys.


MetaMask Users' Data Will Be Collected in New Policy Update From Ethereum Software Firm Consensys - The Daily Hodl

Users of MetaMask will have their data collected as Consensys, the team behind the popular crypto wallet, updates its privacy policy. In a new company announcement, Consensys says it is updating its terms of service to collect user data such as names, IP addresses, dates of birth, usernames, contact information and gender.


1,217 ETH Worth $1M Was Just Burned - Benzinga

What happened: On Thursday a total of 1,217.45 Ether (CRYPTO: ETH) worth $1,451,931, based on the current value of Ethereum at time of publication ($1,192.60), was burned from Ethereum transactions. Burning is when a coin or token is sent to an unusable wallet to remove it from circulation.


Ethereum price analysis: ETH retests $1,180 level, Slowly continues lower - Cryptopolitan

Ethereum price analysis shows ETH/USD pair pivoted below $1,200 in the recent hours, as there were a couple of bearish candles that pushed prices lower. ETH/USD is currently trading at the $1,180 level and could witness further declines in the near term.


Massive staked Ethereum withdrawals by whales allow arbitrageurs to profit - CryptoSlate

Lido (LDO) staked Ethereum (stETH) traded at a discount to Ethereum (ETH) on Curve after a whale removed 84,131 ETH ($101 million) from the protocol, allowing arbitrageurs to profit from the situation. The post Massive staked Ethereum withdrawals by whales allow arbitrageurs to profit appeared first on CryptoSlate.


Ethereum Software Company Consensys Collects User Data, Privacy Policy Discloses - Bitcoin

Crypto users have been complaining about a recent Consensys privacy policy update that says when Infura is leveraged as a remote procedure call (RPC) via Metamask, wallet and IP address data is collected. The news follows a similar decision the decentralized exchange (dex) platform Uniswap recently made concerning data collection.

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Bitcoin Bitcoin
70199.1000 -0.28%
Ethereum Ethereum
3544.60000 -0.58%
BNB BNB
616.628000 5.75%
Solana Solana
185.799000 0.86%
XRP XRP
0.63420800 2.37%