ETH Recent Overview


Current price: $2,135.79, up 3.89% in the past 24 hours, outperforming BTC (+3.28%). However, looking at the longer timeframe—over the past 90 days—the price has fallen by -32.6%, and the daily moving averages are in a bearish alignment (MA7 < MA30 < MA120), indicating that the structure is still in a downtrend channel. This is the most important background to understand first. Institutions are quietly accumulating, while retail investors are confused. Here’s an intriguing contrast: BitMine increased its ETH holdings by 71,252 last week, bringing the total to 4.8 million ETH, of which 3.33 million are staked for earning rewards. The holding scale has soared from 659k ETH at the beginning of the year. The Ethereum Foundation has also stopped selling tokens and started adding to staking. Currently, the staked amount exceeds $140 million, aiming for a staking target of 70k ETH.
ETH-0.37%
BTC-0.34%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin