Ethereum selling pressure
WebMar 2, 2024 · Ethereum price fell nearly 1% in the last 24 hours, with the ETH price currently trading at $1,640. The 24-hour low and high are $1,635 and $1,672, respectively. While the ETH price to remain under pressure due to the fear of a 50 bps rate hike by the U.S. Federal Reserve, a sudden fall is likely impossible. WebApr 6, 2024 · Ethereum Price Prediction After Shanghai Upgrade: Subdued Selling Pressure With staked Ether accounting for roughly one-seventh of the total supply of about 16 million coins, this development carries immense weight. The current value of all staked Ether is over $26 billion.
Ethereum selling pressure
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WebApr 7, 2024 · According to a recent report conducted by on-chain analytics firm CryptoQuant, the Ethereum sell pressure will be lower than expected after the … WebMar 2, 2024 · Two reasons supporting low selling pressure — most participants are at a loss and the largest Ethereum staking pool’s depositors are also at a loss. According to Etherscan data, 17.44 million ETH worth about $28.70 billion have been deposited into Ethereum’s Beacon Deposit Contract, representing nearly 14% of the total supply.
WebSep 14, 2024 · Data platform Nansen has stated that there isn’t likely to be any sell pressure following Ethereum’s Merge. Nansen posted a report on September 13, offering a deep dive into aspects of The Merge. Specifically, the report dives into whether Proof-of-Stake will introduce more censorship risk at the validator level. It also looks at whether it ...
WebApr 7, 2024 · According to CryptoQuant, the selling pressure is likely to be lower than feared due to the fact that most of the staked Ethereum is below the price it was bought at. “There is an ongoing fear that the activation of withdrawals on April 12th with the Shanghai upgrade would bring more than usual selling pressure. WebApr 14, 2024 · The Ethereum community has been anticipating the Shanghai and Capella hard forks, scheduled for April 12, 2024, which will allow the extraction of ETH funds …
WebApr 5, 2024 · Shanghai Upgrade To Increase Sell Pressure. Over 1.1 million Ether have been awarded to Ethereum validators and will be available for immediate withdrawal …
WebMay 9, 2024 · Ethereum reached a high of over $4,800 last November and is currently trading at around $2,270. The second-biggest crypto has slipped below the $2,500 mark … main drug mart fairway rdWebThe latest Ethereum price. The selling pressure is escalating as the market sentiment is overwhelmingly bearish. The support level at $1,857 is seemingly not enough to contain … oakland california property recordsWeb1 day ago · Holders expected a decline in Ethereum price, a knee-jerk reaction from ETH holders and a rise in selling-pressure on the asset. The successful completion of the … main drug mart scarboroughWebApr 7, 2024 · According to the latest reports, it seems that the on-chain analytics platform CryptoQuant is optimistic that Ethereum (ETH) will not come under severe selling … oakland california on mapWebJan 10, 2024 · Ethereum's Shanghai upgrade could once again be a sell the news event as the merge was before it. It's also possible the upgrade actually does lead to a flow of ETH out of stake - the result of ... main drug mart bayview cummerWeb12 hours ago · Crypto market observers expecting post-Shapella selling pressure to send Ether's price plunging slogged through a day of disappointment. The second largest cryptocurrency by market capitalization ... main drug mart thornhillWebApr 5, 2024 · These two numbers represent nearly 1.3m ETH or approximately $2.4bn worth of potential sell-side pressure to face the market," analysts at K33 Research said in a note to clients on Tuesday. oakland california psychiatrists