Big Investors Stacked up Ether as Price Rose to Record High

Big Investors Stacked up Ether as Price Rose to Record High

Strong hands backed ether's rally to record highs, on-chain data suggests.


Related News

Gemini Trading Launch Does Little to Boost Ether Price

Ether prices experienced only modest movements on 9th May despite the high-profile launch of trading support for the digital asset on Gemini, the digital currency exchange owned by investors Cameron and Tyler Winklevoss. Announced last week, Gemini began offering both ETH/BTC and ETH/USD pairs at 14:30 UTC today, a launch that coincided with news coverage from Reuters and Bloomberg, among others. Despite the visibility, the digital currency opened the day at $9.55, Poloniex data reveals, and later fell to a low of $9.36 at 02:25 UTC. Ether remained at this price level until 04:30 UTC, when....

Bullish sentiment begins to fade after Ethereum all-time high at $4,200

Ethereum price soared to $4,200 but derivatives data reflects a decline in the bullish sentiment of Ether futures and options traders. The last couple of weeks have been nothing short of astonishing for Ether (ETH), as the cryptocurrency hiked over 80% to reach a $4,200 all-time high. Even after a 7% correction, the gains accumulated in 2021 surpass 300%, and Ether currently holds a market capitalization that exceeds $450 billion.In the face of such a mind-blowing performance, neither the futures contracts premium nor the options fear and greed indicator signal extreme optimism in the....

Ethereum price spikes to $1,161 for the first time in three years: What’s next?

Ether, the native cryptocurrency of Ethereum, rose to $1,161 but immediately corrected thereafter. The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain, achieved $1,161 for the first time since January 2018. Immediately after it hit a new three-year high, ETH corrected to below $900.Ether rallied due to the momentum of Bitcoin. Historically, following a strong BTC rally, altcoins saw a swift uptrend. Traders usually call this “altseason” because many altcoins tend to increase in tandem.Why did Ether correct and what happens next?Ether rose following Bitcoin’s....

Ethereum’s Ether Cryptocurrency Sets New Price Record on Major Exchanges

Ether (ETH) has broken its previous all-time high set in January 2018 with a rise to $1,439.

Ether Hits Record Highs as Price Decouples From Bitcoin

The price of ether, the native digital asset on the Ethereum blockchain, neared $20 for the first time ever on 14th June, approaching the milestone as it appeared to break out of its old trading patterns. In recent weeks, market observers asserted that ether had been displaying a negative correlation, with the older, more established digital currency bitcoin. However, the two currencies failed to exhibit this relationship during today’s session, as ether saw price growth that happened in spite of declines in the price of bitcoin. Ether’s price fluctuations also notably took place amid....