#eth supply

[rwatimes]

ETH Price Debate Shifts as Corporate Whales Overtake Ethereum Foundation

Ethereum Foundation holds 0.16% of ETH supply while Bitmine holds 4.37%, shifting the ETH price debate toward corporate whales.

➤ The debate around Ethereum's (ETH) price is shifting from the Ethereum Foundation's holdings to large corporate entities, referred to as 'corporate whales'. ➤ Corporate holders now control significantly larger portions of ETH supply compared to the Ethereum Foundation, influencing market dynamics and price action. ➤ While the Foundation continues its role in protocol development, market participants are increasingly focused on the balance sheets of companies holding substantial ETH for collateral, treasury reserves, or other business needs.

[bitcoinmasterhub]

Ether Supply in Question? Bybit Exploit Leads to New Major ETH Holder

The individual behind the Bybit breach, allegedly connected to North Korea, has emerged as a substantial Ether holder, potentially influencing the cryptocurrency’s market price. Data from Arkham Intelligence and Coinbase’s Connor Grogan indicates that this actor controls approximately 489,000 ETH, valued at around $1.34 billion, representing about 0.4% of the total Ether supply. This positions…

Ether Supply in Question? Bybit Exploit Leads to New Major ETH Holder

[pavel-nosok]

Why Ethereum fees, supply may be ETH’s ticket to a new altitude

With decreasing exchange supply and fees, ETH has begun showing signs of repeating an earlier uptick.

View On WordPress

[pavel-nosok]

Over 90% of ETH’s Supply Now in Profit

Over 90% of ETH’s Supply Now in Profit

More than 90% of ETH’s circulating supply is now in profit. The last time this level was observed was in early 2018 when the price of the cryptocurrency was $925.

Research and analytics firm Glassnode reported Monday that the percentage of ETH’s supply in profit has reached a level not seen since early 2018. The firm tweeted:

Over 90% of the circulating ETHsupply is now in a state of profit,…

View On WordPress