Ethereum

Burn

Read

<p class="is-style-lead">Ethereum has been consolidating above the $1,800 mark over the past week while the asset witnessed a significant drop in whale activity.</p> 
<p>According to data provided by a market intelligence platform Santiment, Ethereum (<a href="https://crypto.news/price/ethereum/" rel="noopener noreferrer nofollow">ETH</a>) whales’ activity has been constantly on a downward momentum. Ethereum whales completed 3,976 transactions, each worth at least $100,000, on Aug. 1.</p> 
<figure class="wp-block-image size-large"> 
 <img decoding="async" width="1024" height="347" src="https://crypto.news/app/uploads/2023/08/Ethereum-ETH-15.38.29-07-Aug-2023-1024x347.png" alt="Ethereum holds above $1.8k, whale activity drops - 1" class="wp-image-14183626"> 
 <figcaption class="wp-element-caption">
   ETH price, supply, and whale activity – Aug. 7 | Source: <a href="https://app.santiment.net/charts/qLSfvAZb__sCl" target="_blank" rel="noopener noreferrer nofollow">Santiment</a> 
 </figcaption> 
</figure> 
<p>At the time of writing, Santiment recorded only 744 such transactions in the past 24 hours. Quite similarly, whale transactions consisting of at least $1 million worth of ETH have also dropped from 672 on the first day of the month to 95 at the time of writing.</p> 
<p> You might also like: <a href="https://crypto.news/valkyrie-moves-to-convert-btf-into-dual-bitcoin-ethereum-etf/" rel="noopener noreferrer nofollow"> Valkyrie moves to convert BTF into dual Bitcoin, Ethereum ETF </a> </p> 
<p>On the other hand, an ETH whale, nd4.eth, sent 2,500 coins to a dead wallet after his “girlfriend” allegedly “cheated on him.” The burned tokens are currently worth over $4.5 billion. On-chain data <a href="https://etherscan.io/address/0xEfbBc3fa829aF506Bc7AfE1a0C31B3c7419456F7" target="_blank" rel="noopener noreferrer nofollow">shows</a> that nd4.eth still holds 32 different crypto assets and a CryptoPunk NFT — all worth around $196,000.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr">BREAKING – Ethereum Whale Sends 2500ETH To Burn Address After Finding Out His GF Cheated On Him <a href="https://t.co/d2QJMRv0nv" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/d2QJMRv0nv</a></p>— Au TistJeera (@autistjeera) <a href="https://twitter.com/autistjeera/status/1688429818243883008?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 7, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>Moreover, Santiment data shows that the amount of <a href="https://crypto.news/eus-mica-rules-could-prohibit-mev-activities-on-ethereum/" rel="noopener noreferrer nofollow">Ethereum</a> supply outside exchanges has been constantly hitting new all-time highs since March. Per the data, 35.9 million coins are sitting in non-exchange addresses, showing signs of long-term accumulation.</p> 
<p>Ethereum has been consolidating between $1,825 and $1,870 over the past week. The asset is up by 0.2% in the past 24 hours and trading at around $1,830 at the time of writing. The upward momentum comes as ETH’s 24-hour trading volume surges by 25%, currently sitting at over $3.5 billion.</p> 
<p> Read more: <a href="https://crypto.news/learn/ethereums-account-abstraction-explained/" rel="noopener noreferrer nofollow"> Ethereum’s account abstraction explained </a> </p>

Ethereum holds above $1.8k, whale activity drops

crypto.news

2023년 8월 7일에 게재된 다른 기사

UK to expand crypto crime agency, hiring spree underway

Cardano blockchain reveals significant QoQ growth amid technical upgrades

Huobi en crise : Dirigeants arrêtés, faillite en vue ?

KPMG, Blackrock ETFs Will Trigger Huge Crypto Bull Market: Analyst

US Businesses to Collect Information on Crypto Customers Over $10K!

Mysterious $4.5 Million ETH Burn Baffles Ethereum Community

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!