Since the end of October, all categories of Ethereum [ETH] holders embarked on a buy-the-dip spree, data from Santiment revealed. According to the on-chain analytics platform, the leading altcoin witnessed a surge in coin accumulation by small, medium, and large traders since late October. Here’s AMBCrypto’s price prediction for Ethereum [ETH] for 2022-2023 Apart from founders’ […]
revealed. According to the on-chain analytics platform, the leading altcoin witnessed a surge in coin accumulation by small, medium, and large traders since late October.Apart from founders’ addresses holding over 10 million ETH coins, all other cohorts of ETH investors increased their percentage holdings of ETH’s total supply.According to Santiment, the growth in dip accumulation could be attributed to the general rally in the altcoins market in the past few weeks.
Conversely, the alt’s supply outside of exchanges has since rallied. Per Santiment, since the Merge, this number grew by 3%.The count of unique addresses that traded ETH also witnessed a drop in October. Per Santiment, this dropped by 80%. Notably, in the last 24 hours, this decline was strangely steep as the count of daily active addresses on the ETH network fell from 436,000 to 101,000.
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Will this positive Ethereum [ETH] observation boost its short-term outlookInvestors have had a close eye on Ethereum’s [ETH] performance since the much-talked about Merge. The key point of interest being an assessment of whether network demand or utility would deteriorate, return to normal, or rise to new highs. Here’s AMBCrypto’s price prediction for Ethereum [ETH] for 2022-2023 Ethereum’s performance in the last few weeks […]
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Deribit hackers move stolen ETH to this service because…Barely a week after carrying out an exploit on Deribit‘s hot wallet, the perpetrators of this hack moved a portion of the stolen funds into Tornado Cash, the Ethereum mixer service. Decoding the Deribit hack Deribit, a Netherlands-based crypto-exchange, reported the exploit on its hot wallet on 2 November. The actual hack was carried out […]
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Ethereum: Will Buterin’s latest roadmap have ETH climbing up the crypto ladderAs of 5 November, Vitalik Buterin tweeted the ‘updated roadmap diagram’ depicting the changes in store for Ethereum [ETH]. As can be witnessed, changes were made to The Verge and Scourge segments of the roadmap. Updated roadmap diagram! pic.twitter.com/MT9BKgYcJH — vitalik.eth (VitalikButerin) November 4, 2022 ___________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Ethereum [ETH] for 2022-2023 […]
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