Tag: ethereum network

According to Spot on Chain, an on-chain analytics platform, Wintermute sold the tokens at a rate of $1.63 per OP.

Since Ethereum's London hard fork 21 months ago, the network has seen the elimination of more than 3.33 million Ether, amounting to $6.1 billion. Currently, about 3.51 ether is burned every minute. The Opensea platform has emerged as a significant player in the burn process since August 5, 2021, ranking just below traditional ETH transfers, with a contribution of 230,050 ETH burned.

Recently, Vitalik Buterin posted against "overloading Ethereum's social consensus" and suggested potential solutions while also warning against certain methods.

Cryptory.net - The Ethereum blockchain is giving traders great concerns as gas fees continue to soar.

As the second-largest cryptocurrency by market capitalization and a crucial component of the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, Ethereum holds significant importance. Hence, it is relevant to examine the Ethereum price predictions for 2023 as presented by distinguished analysts.

Cryptory.net - For the first time in a year, ETH breaks $2,000, liquidating $40 million in short positions over the past 24 hours.

Cryptory.net - Only 170K ETH (or 1%) of the total 18.1M staked ETH on Beacon Chain will be unstaked in the first week after Shanghai upgrade, according to on chain intelligence platform Glassnode.

Cryptory.net - After the Shanghai upgrade, the ETH price may fall but only in the short term.

Cryptory.net - The second largest cryptocurrency in the world - Ethereum (ETH) - had a significant increase in price ahead of the Shanghai upgrade.