Whale Activity: Two Wallets Acquire $9.08M in Ethereum
A significant whale purchase of Ethereum could indicate growing market confidence. Here's why traders are paying attention.
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A significant whale purchase of Ethereum could indicate growing market confidence. Here's why traders are paying attention.
BitMine added 9,587 ETH over the past week, bringing its holdings to 6,070,092 ETH as of November 8. The company now owns 4.97% of Ethereum’s 122.2M ETH supply, nearing its stated 5% accumulation goal.
The Ethereum treasury company said it held 6,070,092 ETH as of Nov. 8, or 4.97% of the token's supply, part of $14.3 billion in crypto, cash and stakes.
Ethereum maintains a leading position in the crypto app economy, capturing a significant share of fees.
Bitmine's strategic ETH accumulation could influence Ethereum's market dynamics, potentially affecting price stability and ownership concentration.
Bitmine bought another 9,587 ETH last week, closing in on its target of 5% of Ethereum's circulating supply.
Ethereum Upgrade: Two developers submitted competing proposals aimed at preventing existing smart contracts from breaking if Glamsterdam introduces major gas cost increases for contract creation and stored data operations.
BitMine Immersion Technologies has increased its Ethereum treasury after acquiring another 9,587 ETH during the past week. The purchase raised its holdings to 6.07 million tokens, bringing the company closer to its 5% supply target.
Ethereum's increased transaction volume highlights its role as a key infrastructure for digital finance, but raises concerns about sustainable revenue.
Large Ethereum whales have purchased millions of dollars worth of ETH over the past several days, with several wallets continuing to accumulate the cryptocurrency despite its recent price decline and heavy selling across the market. According to on-chain analytics platform…
A proposed Geth fix targets Ethereum gas estimates that look correct even when the intended action fails.
Ethereum’s decline has extended below the $2.17K–$2.22K support zone, leaving the price near $2.13K. The breakdown keeps the technical outlook bearish, while persistently positive funding suggests that bullish positioning has not fully unwound.
A global five-minute outage would stop Bitcoin, Ethereum, and Solana, without erasing already recorded blocks. What would happen to your funds when power returns. L’article Global Blackout: Your Crypto Doesn’t Disappear est apparu en premier sur Cointribune.
The Ethereum Foundation has launched a public-infrastructure initiative explaining how open blockchain systems may support digital identity and cooperation…
ETH and XRP posted even more substantial losses on Monday morning.
Crypto liquidations topped $1.05 billion, with bullish traders losing $930 million, or 88.2%, as Bitcoin, Ether, XRP, and Solana crashed. Bitcoin plunged nearly 6% to $74,780.91, its lowest since August 21, while Ether lost over 7% to trade around $2,247.
Ethereum developers have put Glamsterdam’s Hoodi testnet fork on hold while they work through findings about how applications behave when a transaction runs low on gas. The upgrade changes the way the network charges for some operations that touch or…
In a four-part X thread, the Ethereum co-founder argued that chasing burned fees would push the network toward corporate-style spending and governance, while a store-of-value focus fits its decentralization goals.
Vitalik Buterin argued that, as configured, Ethereum makes more sense as a Store of Value (SoV) than as a fee-burning token, claiming that, to sustain the second thesis, it would have to behave as a major corporation and shift away from its current decentralized principles.…
Ether has lost 18.8% over roughly 28 days, compared with bitcoin's 12.2%, as major tokens decline.
Vitalik Buterin says ETH should be seen as a store of value, not a fee-burning token. He said burns would need to fund about 700,000 ETH a year to justify a $270 billion market cap.
ETH fell 4.4% to $2,136.61 on November 9, its lowest level since August. Ethereum posted $449.03 million in liquidations, the most of any crypto, and 91.8% were longs. ETH liquidations ran about 1.6 times Bitcoin’s. U.S.
Ethereum price falls toward $2,100 as leveraged long liquidations hit traders and U.S. spot ETH ETFs lose $365.2 million, with $2,200 now key resistance.
Ethereum developers have introduced two competing proposals to prevent the upcoming Glamsterdam upgrade from disrupting existing smart contracts as concerns grow over changes to the network’s gas pricing rules. Developers Leo Glisic and Giulio Rebuffo have submitted separate proposals on…
Meanwhile, on-chain data shows that a massive ETH bull was liquidated for nearly $45 million.
The proposals aim to keep Ethereum’s planned gas changes from breaking existing contracts, using different approaches to what contracts see and what users pay.
BVNK says eligible business customers can now mint, redeem, hold and transfer Open USD (OUSD) on Ethereum, Solana, Base and Tempo. The November 6 rollout…
Ethereum whales are actively purchasing as the market declines, indicating strong accumulation.
Bitcoin ETFs faced substantial outflows last week, indicating a shift in institutional interest. Here's what it means for the market.
Vitalik Buterin says the ETH fee burn never was as strong as it seemed and argues ETH should focus on being a store of value instead.