Ethereum Foundation’s $94M ETH Transfer to Kraken Draws Criticism Amidst 8.8% Price Drop
The Ethereum Foundation transfers 35,000 ETH to Kraken, triggering community debate on transparency as Ethereum's price drops by 8.8%.
The Ethereum Foundation transfers 35,000 ETH to Kraken, triggering community debate on transparency as Ethereum's price drops by 8.8%.
Ethereum's exchange balances hit a new low of 9.75%, suggesting potential supply shocks as ETH moves off exchanges and into long-term storage.
The Ethereum Foundation transferred 35,000 ETH ($94 million) to Kraken, marking its largest move of 2024 amid market speculations.
Ethereum's exchange balance drops below 10% for the first time, reflecting market sentiment and influencing price dynamics.
Ethereum whale deposits $13.2M in ETH to OKX, sparking market buzz and speculation; meanwhile, other whales are still snapping up ETH.
Ethereum’s base fees dropped to a multi-year low of 0.8 gwei following the Dencun upgrade, raising inflationary concerns.
BTC and ETH Options are set to expire, with potential market turbulence as prices approach critical max pain points.
Ethereum shows bullish potential with key support at $2,111. Analyst PWebborn forecasts targets up to $10,000.
Justin Sun boosts his ETH holdings to 392,474 amid the market crash, while spot Ether ETFs attract $48.8M, signaling strong institutional interest.
Ethereum (ETH) faces a 48.47% price drop and bearish momentum, with significant declines in market capitalization and technical indicators.
Ethereum's bullish trend, driven by low sell-pressure, staking, and DeFi involvement, could see its value rise to $12,000-$15,000.
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