TLDR: Bitfinex ETH shorts surged sharply in 72 hours, signaling aggressive whale bearish positioning. Ethereum remained above key support despite rising short exposure from large market participants. Historical Bitfinex short spikes have often preceded strong […]
Ether’s (ETH) price has retraced by over 5.6% to $2,275 after being rejected by resistance at $2,400. Now, multiple data points suggest ETH/USD may drop below $2,000. Key takeaways: Low network activity signals declining usage […]
TLDR BitMine may slow its Ethereum purchases as it approaches its 5% supply target. Chairman Tom Lee said the company could reach the 5% goal within six weeks at its current pace. BitMine held 5.18 […]
Ethereum accumulation addresses witnessed a surge in daily inflows on Wednesday, suggesting growing confidence in Ether’s (ETH) long-term price trajectory following its latest rise to $2,400. Key takeaways: Accumulation addresses absorbed about $592 million in […]
TLDR: Buterin declared consortium blockchains a failure at Arbitrum Day on July 20, 2024, citing cartel-like structures. He proposed adding Merkle roots and validity proofs to centralized servers as a low-disruption enterprise fix. Buterin defined […]
A US law firm has filed a restraining notice to block the transfer of frozen Ether from the Kelp exploit, arguing that its clients are owed over $877 million in compensation and damages by North […]
TLDR: Ethereum’s gas limit will increase from 60 million to 200 million following the Glamsterdam upgrade. L1 execution capacity will grow by more than 3x, with a further doubling expected shortly after. ETH mainnet gas […]
The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million. “This sale funds […]
TLDR: Ethereum Exchange Supply Ratio has dropped to low levels, but price has not formed a matching bottom yet. Historical patterns show that divergences between the ratio and price typically resolve through a downward price […]
Ether (ETH) has rebounded more than 25% from its February low below $1,800, and a mix of technical and onchain signals suggests the recovery may still have more room to run in May. Key takeaways: […]
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