The wallet linked to the Kelp DAO exploit appears to have laundered most of the $175 million worth of stolen Ether, while another $71 million remains frozen by Arbitrum’s security council. Source link
Tag: eth
Ether taker volume rises by 72% as traders target ETH liquidity gap at $2.6K
ETH derivatives show strong buyer dominance, leading traders to target $2,500 to $2,600 as the next crucial rally. Source link
ETH Buy Pressure Hits $5.5B As Price Nears Key Breakout
ETH derivatives show strong buyer dominance, leading traders to target $2,500 to $2,600 as the next crucial rally. Ether (ETH) futures on Binance have risen to a near two-month high as aggressive buyers stepped into the market over the past week. Buy-taker volume rose above $5 billion, and the current setup suggests the ETH rally is poised to continue. On Binance, the 24-hour cumulative net taker volume reached $5.5 billion, rising 72% from $3.2 billion earlier in the month. The metric tracks the difference between market buy and sell orders,…
Ethereum Risks 10% Dip Versus Bitcoin Despite ETH Staking Milestone
Ethereum’s record 32.33% staking ratio is shrinking liquid supply, reducing sell pressure and potentially supporting an ETH price recovery over time. Ether (ETH) has fallen about 5.5% against Bitcoin (BTC) over the past week, and a bearish continuation setup now points to the risk of deeper losses ahead. Key takeaways: Ether’s bear flag risks 10% correction The ETH/BTC ratio has been carving out a bear flag pattern since February, consolidating inside a rising parallel channel after a sharp downside move. In technical analysis, bear flags are typically viewed as continuation…
Arbitrum Freezes 30K ETH Tied to Kelp Hack
Ethereum layer-2 blockchain Arbitrum on Monday froze more than 30,000 Ether worth about $71.2 million held in a wallet connected to the recent exploit of the Kelp protocol. Arbitrum said on Monday that its security council, a 12-member body elected by the Arbitrum community, took “emergency action” to freeze 30,766 Ether (ETH) that was held in a wallet connected to the Kelp exploit. It added that the ETH had been moved to “an intermediary frozen wallet” and was “no longer accessible to the address that originally held the funds, and…
Ethereum Whale Opens $90M ETH Long Bet Amid 40% Price Rally Potential
An Ethereum whale has opened a significant long position on Ether (ETH) worth $90.8 million, in what looks like a bold bet that the upside is not over for the top altcoin. Key takeaways: Ethereum whale opened a leveraged long position totaling $90.8 million. Ether price chart’s ascending triangle targets $3,230. Top traders open new ETH long positions Data from TradingView showed the ETH/USD pair trading at $2,280, or 32% higher than the $1,750 low reached on Feb. 6. Holding above $2,200, Ether offered some cause for optimism ahead of…
Bitmine Immersion Pushes Ether Holdings Near 5M ETH
Bitmine Immersion Technologies, the world’s largest public holder of Ether, increased its ETH treasury last week with another large purchase. The company acquired 101,627 ETH during the week of April 13 to April 19, according to a press release and an accompanying Form 8-K filing with the US Securities and Exchange Commission on Monday. The purchase marks Bitmine’s largest Ether buy since Dec. 15, 2025, according to chairman Tom Lee. “Bitmine has maintained the increased pace of ETH buys in each of the past four weeks, as our base case…
ETH Accumulation Wallet Balances Rise By 33%: Will ETH Price Follow?
Ether’s (ETH) rally to $2,400 is nearly 38% above its swing low at $1,750, but is ETH’s price move simply a momentum trade, or do longer-term data points suggest a paradigm shift at play? ETH accumulation addresses absorb 6.5 million Ether Ether’s recent rally was preceded by an 89% surge in daily active addresses (DAA), which jumped to 730,278 from 384,763 on April 5. The increase in Ethereum’s active addresses indicates increased user interaction with the network, which is generally a positive. The chart below shows that activity increased significantly…
ETH Futures Open Interest Rises As Institutional Investors Return
Key takeaways: Institutional ETH accumulation remains robust as Ether ETFs and Bitmine Immersion lead a healthy, spot-driven recovery. Lackluster DApp revenue and negative ETH funding rates suggest that traders are skeptical of the rally. Ether (ETH) price managed to sustain above $2,300 on Wednesday, distancing itself from the $1,940 lows seen on March 29. The recent rally has caused ETH futures open interest to reach $25.4 billion, indicating increased demand for leveraged positions. The movement suggests a potential turn in momentum for ETH bulls after 10 weeks of failed attempts…
ETH 2025 Fractal May Trigger 250% Rally To New Highs
Ether bounced off multi-year support, while a bullish MACD crossover could signal that ETH is on the path to new highs. Ether (ETH) is currently displaying a technical pattern that follows a 2025 fractal, in which Ether gained 250%. The weekly timeframe chart shows Ether retesting an ascending trend line that has supported the price since 2022. A bullish cross from the moving average convergence divergence (MACD) indicator also confirmed the price bottom. ETH/USD weekly chart. Source: Cointelegraph/TradingView Ether’s current price action is following a similar pattern, with the price…