• Latest
  • Trending
This Historical Ethereum Top Signal Is Yet To Appear This Cycle

This Historical Ethereum Top Signal Is Yet To Appear This Cycle

June 25, 2024
Crypto market manipulation schemes are becoming increasingly coordinated

Crypto market manipulation schemes are becoming increasingly coordinated

May 5, 2025
PU Prime Unveils Copy Trading Competition with $ 8,000 Prizes

PU Prime Unveils Copy Trading Competition with $ 8,000 Prizes

May 5, 2025
Chainlink to Start New Community Rewards Program for LINK Stakers

Chainlink to Start New Community Rewards Program for LINK Stakers

May 5, 2025
Bitcoin dips below $99k, Dogecoin risks dropping below $0.30

Can MANTRA (OM) price rebound as RSI dips below 20?

May 5, 2025
Analyst Says $2 XRP Price Is Low As It Still Isn’t “Activated”

Analyst Says $2 XRP Price Is Low As It Still Isn’t “Activated”

May 5, 2025
Cardano (ADA) Price Prediction & Analysis: Wild Price Swings, What’s Next?

Cardano (ADA) Price Prediction & Analysis: $12 On The Cards? Why Some Analysts Think It’s Possible

May 5, 2025
Stablecoin Giant Tether Enters AI Arena With Tether.AI, CEO Paolo Ardoino Says

Stablecoin Giant Tether Enters AI Arena With Tether.AI, CEO Paolo Ardoino Says

May 5, 2025
Fees, Features, and Security Compared in 2025

Fees, Features, and Security Compared in 2025

May 5, 2025
April Jobs Report Reframes Global Market Dynamics: LTUFP FX GLOBAL Holds Strong, Gold in Tactical Pause

April Jobs Report Reframes Global Market Dynamics: LTUFP FX GLOBAL Holds Strong, Gold in Tactical Pause

May 5, 2025
  • Privacy Policy
Monday, May 5, 2025
MtRushmoreCrypto - Where Crypto Rocks
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Logo
No Result
View All Result
Home Crypto

This Historical Ethereum Top Signal Is Yet To Appear This Cycle

J_News by J_News
June 25, 2024
in Crypto, Top News
0
This Historical Ethereum Top Signal Is Yet To Appear This Cycle
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


On-chain data suggests this signal that has historically occurred around Ethereum peaks has yet to appear in the current cycle.

Related articles

Crypto market manipulation schemes are becoming increasingly coordinated

Crypto market manipulation schemes are becoming increasingly coordinated

May 5, 2025
PU Prime Unveils Copy Trading Competition with $ 8,000 Prizes

PU Prime Unveils Copy Trading Competition with $ 8,000 Prizes

May 5, 2025

Ethereum Foundation Wallets Haven’t Made Large Outflows This Cycle So Far

In a new post on X, the market intelligence platform IntoTheBlock has discussed a pattern that Ethereum has witnessed alongside its previous market peaks.

The pattern in question is related to the netflows for the wallets associated with the Ethereum Foundation. The ETH Foundation is a non-profit entity supporting the cryptocurrency and its ecosystem.

Below is the chart shared by the analytics firm that shows the trend in the net amount of ETH (in USD) moving in or out of the wallets connected to this organization.

As is visible in the above graph, the netflows for the Ethereum Foundation have generally taken negative values during the past bull markets. Negative netflows naturally correlate to a net amount of ETH movement away from the wallets connected to the company.

Interestingly, the indicator has seen especially large red spikes around the tops of the cryptocurrency. As IntoTheBlock explains,

Historically, during each bull market, the Foundation has strategically sold substantial amounts, often aligning these sales almost perfectly with market peaks.

The chart shows that the indicator’s value has been more or less neutral during the past few months, even though the asset’s price has increased significantly.

This suggests that the Ethereum Foundation hasn’t been making any major sales during this bull market. Given the historical pattern, this may be a sign that a top isn’t yet here for the cryptocurrency, or at least the organization doesn’t judge it to be so.

Another explanation, however, could be that the non-profit entity has changed its strategy for this new cycle, meaning that the past trend would no longer hold the same weight.

In some other news, the official email of the Ethereum Foundation was recently compromised, as Tim Beiko, one of the ETH developers, had revealed in an X post.

The developer had noted that the organization was trying to reach out to SendPulse, an email automation service used by the firm, to resolve the problem.

In a follow-up post, Beiko confirmed that the team sent out an update to subscribers of the Ethereum Foundation blog, warning them that the previous email, announcing a “staking platform” by the organization, resulted from the compromise.

“We should have locked down all external access, but we are still confirming,” said the developer in the post.

ETH Price

Ethereum plunged under the $3,300 level yesterday, but the asset has since recovered above $3,400.

Ethereum Price Chart



Source link

ShareTweetShareShare

Related Posts

Crypto market manipulation schemes are becoming increasingly coordinated

Crypto market manipulation schemes are becoming increasingly coordinated

by J_News
May 5, 2025
0

Opinion by: Tracy Jin, Chief Operating Officer, MEXCMarket manipulation is everywhere and yet nowhere to be seen. It is an...

PU Prime Unveils Copy Trading Competition with $ 8,000 Prizes

PU Prime Unveils Copy Trading Competition with $ 8,000 Prizes

by J_News
May 5, 2025
0

PU Prime is thrilled to introduce its latest Copy Trading Competition, taking place from 5th to 30th May 2025. This...

Chainlink to Start New Community Rewards Program for LINK Stakers

Chainlink to Start New Community Rewards Program for LINK Stakers

by J_News
May 5, 2025
0

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi,...

Bitcoin dips below $99k, Dogecoin risks dropping below $0.30

Can MANTRA (OM) price rebound as RSI dips below 20?

by J_News
May 5, 2025
0

The Mantra (OM) token has fallen below $0.40, with RSI at 17.18, signalling oversold conditions. 300M OM tokens are scheduled...

Analyst Says $2 XRP Price Is Low As It Still Isn’t “Activated”

Analyst Says $2 XRP Price Is Low As It Still Isn’t “Activated”

by J_News
May 5, 2025
0

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

Top 10 NFTs to Watch in 2025 for High-Return Investments

Top 10 NFT Games with the Biggest Earning Potential in 2025

8 Top Crypto Fundraising Ideas Best for Startups

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 2021 mtrushmorecrypto - Crypto Related News Blog