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news-imageDecember 18, 2024

Just 104 Ethereum Whales Control 57% Of All Supply, Data Reveals

On-chain data shows the most massive Ethereum whales control most of the supply, with their holdings only continuing to grow.
Publisher: Bitcoinist
Sentiment: Negative
ETH

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Positive
cover-imageCrypto news
December 18, 2024

Ethereum spot ETF net inflow reaches $145m

Ethereum spot ETFs witness increased institutional interest, recording a $145 million net inflow. According to statistics from SoSoValue, Ethereum (ETH) spot ETFs had a notable net inflow of $145 million on Dec.

Positive
cover-imageThe Currency Analytics
December 18, 2024

Record $3.2B Inflows into Bitcoin & Ethereum from Institutional Investors

CoinShares, a leading digital asset investment firm, reported that this new record boosts the total institutional crypto investment for the year to $44.5 billion. As institutional interest continues to surge, Bitcoin and Ethereum remain at the forefront of this growth, though altcoins like XRP, Polkadot, and Litecoin are also drawing increasing attention.

Negative
cover-imageThe Currency Analytics
December 17, 2024

Ethereum (ETH) Bearish Signal: Is $3,500 the Next Target

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently shown signs of potential price weakness after a strong price surge. As the price nears a critical resistance level, both whales and long-term holders appear to be pulling back, fueling speculation that a decline may be imminent.

Positive
cover-imageBenzinga
December 17, 2024

Hyperliquid Emerges As Ethereum, Solana Rival: Here's How High HYPE Could Go

Hyperliquid (CRYPTO: HYPE), a rising decentralized exchange and Layer-1 blockchain, has caught the attention of cryptocurrency enthusiasts after rising almost 800% in three weeks. What Happened: Pseudonymous analyst Fmoulin wrote a detailed analysis of HYPE in a post on X on Sunday, diving into the project's revenue potential and growth opportunities.

Negative
cover-imageBitcoin
December 17, 2024

104 Whales Hold 57.35% of Ethereum: Santiment Analysis

The concentration of over 50% of ETH's supply in a small pool of wallets could pose key risks to Ethereum's decentralization. Ethereum Whales Hit Highest Holding Ever Ethereum's (ETH) surge to $4,000 has rekindled interest in the second largest cryptocurrency by market cap.

Negative
cover-imageNewsBTC
December 17, 2024

Ethereum Price Crash Incoming? Tron's Justin Sun Unstakes $209 Million ETH From Lido Finance

The Ethereum price could face some turbulence, as Justin Sun, the founder of Tron (TRX), has unstaked a whopping $209 million from Lido Finance, a liquid decentralized staking platform for Ethereum. Compared to top cryptocurrencies like Bitcoin (BTC) and Dogecoin (DOGE), the Ethereum price has had a relatively muted performance, skyrocketing to $4,000 before consolidating and struggling to move higher.

Positive
cover-imageBenzinga
December 17, 2024

CoinShares CEO Optimistic About Bitcoin ETFs, Ethereum Under Trump

CoinShares CEO Jean-Marie Mognetti expressed confidence regarding the future of Bitcoin (CRYPTO: BTC) ETFs and other cryptocurrencies such as Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) under the incoming administration of President-elect Donald Trump. What Happened: Mognetti highlighted the substantial inflows into U.S. Bitcoin ETFs following the election.

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