Are Ethereum Treasuries’ Reserves Slowing Down? Here’s How Much Has Been Acqu...
Cryptocurrency-based treasury reserves have become a highly adopted initiative in the sector, with Ethereum and Bitcoin leading the charge. Even though the initiative kicked off with Bitcoin, Ethereum treasury reserves have witnessed exponential growth as accumulation grows among large companies in the past few months. Institutional Ethereum Adoption Still Growing Amid the new wave of […]
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Data shows Bitcoin and Ethereum exchange reserves continue their downtrend as the supply shock tightens its grip. Bitcoin And Ethereum Exchange Reserves Trend Downwards As pointed out by a crypto trader in a tweet, both Bitcoin and Ethereum continue to experience a decline in their exchange reserves. The exchange reserve of an asset is an […]
Ethereum netflows seem to be negative across all exchanges right now, as exchange reserves continue their downward trend. Ethereum Reserves On A Downtrend As pointed out by a CryptoQuant post, ETH reserves continue with a downward trajectory. The all exchange netflows are also very red. The Ethereum all exchanges reserve is an indicator that shows […]
Ethereum has recently taken hits along with the rest of the wider market. Numerous market dips and crashes have seen the digital asset crashing back down below $3,000 in recent weeks and this has left ETH in a struggling position. With momentum down, it looks like the market is headed for another bear market as cryptocurrencies are now recording lower lows and lower highs with each dip and recovery. Related Reading | JPMorgan Analysts Say That Big Money Are Dumping Bitcoin For Ethereum The asset had dropped below the $2,700 price range for the first time in a two-month period. And the....
Another bearish day in the broader cryptocurrency market has hampered Ethereum’s upward action, as the altcoin’s price remains below the $4,500 level. In the midst of the ongoing bearish performance, a significant portion of Ethereum has been spotted leaving major centralized exchanges at a rapid rate. Big Money Ethereum Investors Fleeing Binance Over the past […]
Ethereum exchange reserves have now hit a new low for the first time in over two years. According to CryptoQuant, this number has plummeted from 26 million from June last year to less than 21 million by July 2021. This seems to be in tandem with the increase in the price of Ethereum. Over the […]