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    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

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    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

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    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Add These 5 Cryptocurrencies To Your Red Envelope This Chinese New Year

    Add These 5 Cryptocurrencies To Your Red Envelope This Chinese New Year

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  • Analysis
    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

    Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

    Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam

    Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

    Ethereum Price Another Rejection Signals Risk of Bearish Reaction

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Rallies 10%, Polygon Bulls Aim Big

    Rallies 10%, Polygon Bulls Aim Big

    XRP Whales Accumulate Massive Tokens

    XRP Whales Accumulate Massive Tokens

    Solana Rally Could Gather Pace above $30

    Solana Rally Could Gather Pace above $30

    BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists

    Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

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    Who Will Reach $1 First In 2023?

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    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Add These 5 Cryptocurrencies To Your Red Envelope This Chinese New Year

    Add These 5 Cryptocurrencies To Your Red Envelope This Chinese New Year

    Best Crypto Airdrop Twitter Channels to Follow in 2023; Here’s the Top 5 List

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    Top 10 Online Forums for Crypto Enthusiasts To Join In Jan 2023

    Top 10 Online Forums for Crypto Enthusiasts To Join In Jan 2023

  • Analysis
    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

    Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

    Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam

    Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

    Ethereum Price Another Rejection Signals Risk of Bearish Reaction

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Rallies 10%, Polygon Bulls Aim Big

    Rallies 10%, Polygon Bulls Aim Big

    XRP Whales Accumulate Massive Tokens

    XRP Whales Accumulate Massive Tokens

    Solana Rally Could Gather Pace above $30

    Solana Rally Could Gather Pace above $30

    BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists

    Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

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Ethereum Foundation Sends $100 Million Worth of ETH to Kraken, Another 60% Crash on Cards?

2021-11-12
in Altcoins
0
These Bullish and Bearish Signals for Ethereum (ETH) Can Determine the Price Action
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A big Ethereum ($ETH) transaction despatched to Kraken caught the attention of the crypto neighborhood. A complete of 20K $ETH estimated to be value $100 million was transferred to Kraken, however greater than the worth the sender of the ETH grew to become a scorching subject of debate, because it was despatched by Ethereum Basis. Etherscan information exhibits {that a} transaction from Ethereum Basis was made at 14:56 UTC on eleventh November.

Ethereum

The Etherscan information additionally revealed that the transaction was made by one of many ETH devs fairly much like one other ETH transaction estimated to be value $112 million on Might 17. This huge transaction was adopted by an enormous market dump resulting in a 61% decline in ETH worth. Now many have began to take a position the identical concerning at this time’s transaction as nicely.

Mr Whale, an notorious Twitter account identified for providing sceptic factors of view towards the widespread norm of bullish outlook pointed in the direction of the Etherscan information and reminded his followers in regards to the 61% dump when an analogous transaction was executed six months in the past.

Will Ethereum Value Document One other Huge Dump?

Ethereum was buying and selling above $4,000 when one other Ethereum Basis transferred round 35K ETH, following which the second-largest cryptocurrency fell to sub $1,700 ranges earlier than recovering within the final couple of months. $ETH is at present buying and selling at $4,637  about 3.5% under the ATH of $4,859, the altcoin has recorded a number of new ATHs over the previous couple of weeks, fairly much like what occurred in Might first week earlier than the market dump.

Ethereum
Supply: TradingView

Ethereum on-chain metrics has been projecting bullish indicators. Based on Santiment information, Ethereum deal with exercise has spiked up 48% due to the surge within the Ethereum Naming Service (ENS) addresses.

Ethereum
Supply: Santiment

The Crypto market received again to its bullish methods from the tip of July adopted by one other bearish month of September after which a bullish surge in October the place the entire crypto market managed to regain most of its losses from Might mayhem and publish new ATHs.

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