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news-imageOctober 23, 2024

Ethereum (ETH) Estimated Leverage Ratio Reaches New Heights: What It Could Mean for Investors

TL;DR Ethereum's Estimated Leverage Ratio has surged to unprecedented levels, indicating increased risk-taking and potential for significant price volatility. Lower transaction fees on the Ethereum network are boosting usage, but weak institutional demand suggests cautious market sentiment.
Publisher: Crypto Economy
Sentiment: Neutral
ETH

More News Articles

Positive
cover-imageUToday
October 23, 2024

Ethereum Founder Vitalik Buterin Made $5 on This

Ethereum co-founder Vitalik Buterin recently posted an intriguing anecdote on Twitter stating that he made $5 earlier this year by participating in prediction market arbitrage. This little sum was earned more for enjoyment than for profit, he acknowledged, adding that automated bots are probably taking advantage of these opportunities more frequently these days.

Neutral
cover-imageBenzinga
October 22, 2024

Bitcoin, Ethereum, Dogecoin Trade Sideways: '$66,500 Support Needs To Hold,' Says Trader Who Warns $61,000 Could Otherwise Be Next

Cryptocurrency markets are trading sideways on Tuesday: Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $67,436.75 -0.03% Ethereum (CRYPTO: ETH) $2,626.50 -1.7% Solana (CRYPTO: SOL) $168.23 +1.3% Dogecoin (CRYPTO: DOGE) $0.1395 -2.3% Shiba Inu (CRYPTO: SHIB) $0.00001823 -1.3% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 78.9% and daily active addresses dropped by 4.6%. Transactions greater than $100,000 are up from 5,769 to 8,957 in a single day.

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