First Ethereum Treasury Firm Sells ETH For Buybacks: Death Spiral Incoming?
Ethereum-focused treasury company ETHZilla said it has sold roughly $40 million worth of ether to fund ongoing share repurchases, a maneuver aimed at closing what it calls a “significant discount to NAV.” In a press statement on Monday, the company disclosed that since Friday, October 24, it has bought back about 600,000 common shares for…
Ethereum Supported On Dips — Buyers Build Strength For Next Leg Higher
Ethereum price started a decent increase above $4,000. ETH is consolidating gains and could aim for more gains above the $4,220 resistance. Ethereum started a fresh upward move above $4,000 and $4,120. The price is trading above $4,080 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $4,055…
Ethereum Whales Start Buying Back: 218K ETH Added In A Week After October Dump
Ethereum’s largest non-exchange holders are tiptoeing back into accumulation. On-chain analytics platform Santiment reported that wallets holding between 100 and 10,000 ETH, also known as whales and sharks, have begun to rebuild positions after unloading roughly 1.36 million ETH between October 5 and 16. Notably, the Ethereum collective holdings chart shows that nearly one-sixth of…
Ethereum Moves Higher — Buyers Strengthen Grip Amid Renewed Market Optimism
Ethereum price started a recovery wave above $4,000. ETH is moving higher but faces a couple of key hurdles near $4,220 and $4,250. Ethereum started a fresh recovery above $4,000 and $4,120. The price is trading above $4,120 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $4,050…
Is The Ethereum Bull Cycle Over? Analyst Identifies Potential ‘Double Top’ Pattern
The cryptocurrency market has not had its typical “Uptober” performance so far this month, with most large-cap assets falling to new local lows in the past few months. The Ethereum price, which was on the verge of hitting $5,000 a few weeks ago, is now languishing below the $4,000 mark. While the “king of altcoins”…
Ethereum Rebounds From Bull Market Support: Can It Conquer The ‘Golden Pocket’ Next?
Ethereum is showing renewed strength after rebounding from its Bull Market Support Band, a key zone that has historically served as a launchpad for major uptrends. The bounce signals a possible shift in momentum, but the real test now lies ahead. With the price approaching the crucial golden pocket resistance, a breakthrough is likely to…
Ethereum OG Drives $500M Liquidity Flow Into ConcreteXYZ & Stable Vaults – Details
Ethereum is struggling to push above the $4,000 level, as market sentiment remains uncertain and volatility keeps investors cautious. Despite several attempts, bulls have failed to sustain momentum, suggesting hesitation at key resistance levels. However, new on-chain data is drawing attention to potentially large-scale liquidity moves that could influence Ethereum’s next direction. According to Lookonchain,…
Ethereum Emerges As The Sole Trillion-Dollar Institutional Store Of Value — Here’s Why
The financial world is witnessing an unprecedented shift, as Ethereum solidifies its position as the sole asset capable of becoming a multi-trillion-dollar institutional store of value. ETH is the only one currently demonstrating the scale, utility, and institutional acceptance to command and securely hold multi-trillion-dollar allocations, fundamentally redefining the future of global wealth preservation and…
Ethereum Whales Quietly Accumulate As Stablecoin Usage Skyrockets 400%
Reports have disclosed a 400% rise in stablecoin transfers on Ethereum over the last 30 days, pushing total transfer volume to $581 billion and more than 12.5 million transfers, according to Token Terminal. The stablecoin market cap on Ethereum now tops $163 billion. At the same time, Ethereum has fallen about 4.50% in the past…
Ethereum Stays Steady Above Realized Value – Can Fresh Liquidity Fuel The Next Breakout?
Ethereum (ETH), the second-largest cryptocurrency by market cap, continues to trade slightly below the psychologically important $4,000 price level, following the brutal drawdown on October 9, which saw the digital currency test the support at around $3,435. Ethereum Stays Above Realized Price – Bullish Momentum Soon? According to a CryptoQuant Quicktake post by contributor TeddyVision,…