2023-10-5 05:03 |
“The gravitational pull in crypto for the time being stays in BTC,” said K33 senior analyst Vetle Lunde.
origin »Bitcoin price in Telegram @btc_price_every_hour
|
The latest on-chain data shows that a prominent Ethereum whale has returned to the crypto market over the past week, as the ETH price persists above the $2,000 level. ETH Whale Held $538M In Crypto In 2022 According to data from Arkham Intelligence, an Ethereum OG whale known as thomasg.eth has been on an Ether […]
Ethereum price was poised above the $2,150 level. Bulls were showing resilience as a whale re-accumulated $111 million worth of ETH. Another move above $2,000 could push prices towards the $2,500 resistance.
The Ethereum Foundation (EF) announced that it has completed an over-the-counter (OTC) sale of 5,000 ETH over the weekend. According to the organization’s disclosure, proceeds from this sale will be directed towards its core operations and other activities.
Ethereum price hovered just above $2,000 as whales moved ETH off exchanges. Large holder activity sees Ethereum exchange balances fall by over 74,000 ETH this week. Bulls could eye $2,188 and potentially $2,600 amid a technical breakout.
A shift in Ethereum’s derivatives flow on Binance is starting to hint at a possible change in market structure, even as ETH itself remains in a corrective phase. According to CryptoQuant contributor Darkfost, the Taker Buy Sell Ratio is no longer flashing the same persistent sell-side aggression that dominated as the asset pushed toward a new all-time high.
Ethereum co-founder Vitalik Buterin is urging the Ethereum ecosystem to treat oracle design and decentralization as a priority security problem, warning that key parts of DeFi’s stack still hide uncomfortable fragilities behind the industry’s recent growth.
The Ethereum price is hovering near a critical long-term zone as whales reshuffle billions of dollars in holdings, adding fresh uncertainty to an already fragile market. While price action remains weak in the short term, analysts say the asset has returned to a historical accumulation range.