ETH whales are on the move. Major investors in the Ethereum (ETH) network are sending their holdings in the asset to exchange addresses, according to data gathered by Santiment. The Merge, an event where the ETH mainnet will merge with the Beacon Chain and adopt the Proof-of-Stake (PoS). The merger, awaited for years by network enthusiasts, has positively impacted the price of the second largest cryptocurrency in the world. Since the Ethereum 2.0 date was announced on July 15th, the network’s native token has surged 70% according to TradingView, despite undergoing a price correction in recent weeks.
- Bitcoin (BTC) $ 29,397.00 0.1%
- Ethereum (ETH) $ 1,844.66 0.29%
- BNB (BNB) $ 239.12 0.76%
- Solana (SOL) $ 24.45 0.87%
- Polkadot (DOT) $ 5.00 0.24%
- Cosmos Hub (ATOM) $ 8.37 0.78%
- Flow (FLOW) $ 0.555415 0.08%
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