Ethereum whales accumulate $600M in ETH; Is the green still an anomaly?

Whales added 400,000 ETH despite a recent price increment More ETH is being circulated although the current vault could be overpriced Like a ton of assets in the crypto-market, Ethereum’s [ETH] price jumped over the weekend. Even at press time, the second-largest cryptocurrency in market value maintained a 5.11% hike in the last 24 hours. … Read more

How long can Shiba Inu [SHIB] remain in the long-term bracket? Decoding…

SHIB’s last year’s performance did not lead to massive dumps by institutional investors and whales. The token had the potential to remain significant in the long term based on the technical outlook. Shiba Inu’s [SHIB] 2021 disruption of the crypto market was one reason it amassed a lot of holders until press time. Despite trailing … Read more

Analyzing why Shiba Inu [SHIB] remained undervalued despite 37% gains

On-chain data showed that Shiba Inu was an undervalued token despite its latest uptick. The activities of Ethereum whales suggested that SHIB could be a long-term play. Shiba Inu’s [SHIB] performance in the last 30 days seemed to have erased the memories of the memecoin’s abysmal performance in 2022. During the said period, SHIB recorded … Read more

Enjin coin: Looking to accumulate ENJ in 2023? You may want to read this

Enjin Coin became part of the top token traded by Ethereum whales Going forward, ENJ might need better on-chain performance to stay relevant The entire crypto market felt the wrath of the bear market in the whole of 2022, and as expected, Enjin Coin [ENJ] was not left out of the aftereffect. Enjin, which centers … Read more

Ethereum bulls awaken from years of slumber; can ETH avoid a bearish pivot

Ethereum addresses lying dormant for years recently got active. The total number of ETH moved was over 22,000, which sparked a lot of speculation. While Ethereum [ETH] investors have been watching the token’s sluggish growth, some bulls have started to stir, sparking rumors about what will happen next. The rally came at a time when … Read more

Ethereum: Whales switch >100K ETH but will it help regain $1,200

About $139 million worth of ETH got transferred among several wallets Investors did not have any particular viewpoint towards Ethereum as price action showed indecision  Whales holding Ethereum [ETH] transferred over 100,000 worth of the altcoin to separate wallets in the last 24 hours, Whale Alert revealed. According to the real-time large capital movement provider, … Read more

Chiliz shrinks >16% but ETH whales have different plans for CHZ

Chiliz put up a deplorable performance despite anticipation for a rally in the wake of a global sports event In the forthcoming days, CHZ might not halt its downtrend Chiliz [CHZ], the Ethereum [ETH] token that powers found favor with the latter’s whales, jumping into the top ten tokens purchased. Whale tracking platform, WhaleStats, … Read more

Ethereum holders push back amid the bear market and declining revenue 

Ethereum witnessed declining revenue per core developer Despite this, retail investors and validators continued to support Ethereum According to a tweet by Token Terminal on 11 December, the amount of Ethereum [ETH] revenue per developer had declined significantly since the beginning of the bull market. With ETH facing increasing volatility after the Merge, declining revenue … Read more

ETH enthusiasts should brace for lower volatility based on these observations

ETH managed to cross the $1,200 bar in the last weeks of 2022 ETH whales preferred to hold on to the altcoin than sell their holdings  Now that Ethereum [ETH] has crossed the $1,200 range, it is only logical to wonder how it will conclude 2022. Here are some recent observations that may set the … Read more

MANA stands strong as these whales set up camp in Decentraland

Top Ethereum whales held more MANA than any other token MANA’s price action showed that it was demanding a bearish exit According to a tweet posted by WhaleStats in the wee hours of 4 December, the top 500 Ethereum [ETH] whales preferred to hold Decentraland [MANA]. The database noted that these whales held about $1.05 … Read more