Whale Pulls $101 Million in ETH Liquidity From Curve Finance as stETH Depegs

A whale drained 84,131.76 ETH from Curve Finance, causing stETH to depeg to 0.9671 ETH as stakers prepare for a withdrawal testnet. The post Whale Pulls $101 Million in ETH Liquidity From Curve Finance as stETH Depegs appeared first on BeInCrypto.

Timeline of Curve-dao-token, Ethereum, Steth

Ethereum (CRYPTO: ETH) — the cryptocurrency that spawned the Web 3.0 industry — is seeing less activity and trading interest, but big holders apparently still believe in the protocol's future.

ETH price reclaims demand zone of $1,200 as the price aims to trend higher Price continues to look bearish with the market's current state, as most traders and investors remain cautious  ETH price bounces from a low of $1,100 on the daily timeframe as it eyes a recapture of $1,300 above the 50 Exponential Moving Average (EMA) Ethereum (ETH) continues to display a better price action than Bitcoin (BTC) as the price reclaims the demand zone and eyes a further rally to a region of $1,300 if the crypto market remains calm ahead of a monthly close. Despite the relief bounce from Ethereum (ETH), the price still trades below the key region of interest that would attract the attention of many buyers.

Ethereum's whale addresses are increasing their accumulation of the second-largest cryptocurrency, according to Santiment. The analytics firm reported that wallets holding between $10.9 million to $1.09 billion worth of ETH scooped 947,940 ether (worth $1.1 billion) on November 21.

Ethereum whales are accumulating ETH in significant amounts Validators show interest in Ethereum, despite declining revenue With all the attention in the crypto-space being directed towards the FTX saga, whales and sharks have been accumulating ETH under the radar.

Vitalik Buterin Ethereum Transfer News: A transaction showing transfer of 40,000 Ethereum (ETH) was seen on chain on Thursday. The post Vitalik Buterin Behind 40,000 Ethereum (ETH) Transfer?

As the cryptocurrency market continues to switch between green and red after a difficult few weeks, Ethereum (ETH) is making small daily gains, leading crypto experts to identify crucial levels for these modest increases to continue.

Ethereum core developer Artem Vorotnikov says development work on the Akula client will stop in the wake of a Paradigm-funded competitor. The post Ethereum node project Akula shuts down in wake of Paradigm competitor appeared first on The Block.

Second-largest cryptocurrency Ethereum (ETH) has plagued over 65% since the beginning of 2022. Investors' sentiments on the price are mostly bearish, likewise the outlook for the entire market, considering the liquidity crunch plaguing the industry.

Ethereum's price is about to complete a ‘V-shape' recovery that began after rebounding from the bottom around $1079. Meanwhile, the bears are also very active, attempting to drive down prices. However, the bulls and whales appear to be well positioned, with plans to propel the prices higher very soon.

The Ethereum price mid-week bear rally pushed to highs around $1,215. A bullish relief move was overdue this week following the FTX collapse. Bitcoin gained more ground and reclaimed support at $16,000 before inching closer to $17,000.