Ethereum addresses in Profit Plummet to 53.5% – Glassnode

The percentage of Ethereum addresses currently in profit has fallen to approximately 53.5%, according to blockchain intelligence platform Glassnode. This drop is attributed to the recent decline in Ether’s market performance, with its price sliding around 13% in the past month. Glassnode’s data suggests that the last time Ethereum addresses in profit dipped below 54% […]

Ethereum’s Co-Founder Vitalik Buterin makes waves with unusual ETH transactions

Ethereum co-founder Vitalik Buterin has made some intriguing financial moves recently, raising speculation about his intentions. According to blockchain monitoring platform Spot On Chain, Buterin transferred 999 ETH (worth $1.63 million) between Ethereum addresses. This comes after a series of deposits and sales over the past eight days, where Buterin deposited 1,602 ETH ($2.68 million) […]