Friday, May 9, 2025
Coin Insights
No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Drink-to-earn? A new sparkling water comes with an NFT and points

    Drink-to-earn? A new sparkling water comes with an NFT and points

    Cobie says UpOnly will return if someone buys this $20M NFT

    Cobie says UpOnly will return if someone buys this $20M NFT

    Edge Matrix, CoLabs Partner to Fortify NFT Creators

    Edge Matrix, CoLabs Partner to Fortify NFT Creators

    Donald Trump Denies Claims of Profiting From TRUMP Token

    Donald Trump Denies Claims of Profiting From TRUMP Token

    Argentine Football Association Partners With STEPN to Launch Digital Sneakers

    Argentine Football Association Partners With STEPN to Launch Digital Sneakers

    Pudgy Penguins #6873 Leads With Top NFT Sale Worth $360.2k

    Pudgy Penguins #6873 Leads With Top NFT Sale Worth $360.2k

    NFT sales jump 22% to $107m, Pudgy Penguins recover

    NFT sales jump 22% to $107m, Pudgy Penguins recover

    Guild of Guardians Leads NFT Collections with $1.35M in Daily Volume As NFT Market Climbs

    Guild of Guardians Leads NFT Collections with $1.35M in Daily Volume As NFT Market Climbs

    Apple Eases NFT, Crypto Rules for iOS Apps Following Antitrust Ruling

    Apple Eases NFT, Crypto Rules for iOS Apps Following Antitrust Ruling

  • Gaming
    How to Build a Web3 dApp: Step-by-Step Guide

    How to Build a Web3 dApp: Step-by-Step Guide

    Soneium partners with Square Enix’s SYMBIOGENESIS to provide cross-game NFT rewards

    Soneium partners with Square Enix’s SYMBIOGENESIS to provide cross-game NFT rewards

    Doodles’ $DOOD Token Launches on Solana: Tokenomics, Airdrop, and Vision Explained

    Doodles’ $DOOD Token Launches on Solana: Tokenomics, Airdrop, and Vision Explained

    The Ultimate Guide to Xociety: What You Must Know Before You Play

    The Ultimate Guide to Xociety: What You Must Know Before You Play

    Versus Joins ION and Online+ to Elevate Web3 Gaming and Social Integration

    Versus Joins ION and Online+ to Elevate Web3 Gaming and Social Integration

    Gaming Tokens Surge as Take-Two Rallies on Viral GTA 6 Countdown Post

    Gaming Tokens Surge as Take-Two Rallies on Viral GTA 6 Countdown Post

    Adidas Reveals In-Game Apparel Drop for ‘Xociety’ Shooter on Sui

    Adidas Reveals In-Game Apparel Drop for ‘Xociety’ Shooter on Sui

    The Walking Dead NFT Game to End After 3 Years—What Players Should Know

    The Walking Dead NFT Game to End After 3 Years—What Players Should Know

    CoinACE Opens Early-Access Pre-Registration: Practice Crypto Trading, Earn Real ACE Tokens

    CoinACE Opens Early-Access Pre-Registration: Practice Crypto Trading, Earn Real ACE Tokens

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What is a Layer-1 (L1) Blockchain? L1 Problems & Future

    What is a Layer-1 (L1) Blockchain? L1 Problems & Future

    What is a Layer-2 (L2) Blockchain Solution? Types & Problems They Solve

    What is a Layer-2 (L2) Blockchain Solution? Types & Problems They Solve

    What Is a Layer-0 Blockchain Protocol?

    What Is a Layer-0 Blockchain Protocol?

    What They Are and What They Are For

    What They Are and What They Are For

    What It is & Why it Matters

    What It is & Why it Matters

    Most Profitable Crypto to Mine in 2025: Best Altcoins for Mining

    Most Profitable Crypto to Mine in 2025: Best Altcoins for Mining

    What Is a Stablecoin? Meaning, Definition, Types & More

    What Is a Stablecoin? Meaning, Definition, Types & More

    Get a $50 Welcome Bonus when You Join Changelly’s Mobile App – Only This March!

    Get a $50 Welcome Bonus when You Join Changelly’s Mobile App – Only This March!

    The Main Differences Between Crypto Exchanges

    The Main Differences Between Crypto Exchanges

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Drink-to-earn? A new sparkling water comes with an NFT and points

    Drink-to-earn? A new sparkling water comes with an NFT and points

    Cobie says UpOnly will return if someone buys this $20M NFT

    Cobie says UpOnly will return if someone buys this $20M NFT

    Edge Matrix, CoLabs Partner to Fortify NFT Creators

    Edge Matrix, CoLabs Partner to Fortify NFT Creators

    Donald Trump Denies Claims of Profiting From TRUMP Token

    Donald Trump Denies Claims of Profiting From TRUMP Token

    Argentine Football Association Partners With STEPN to Launch Digital Sneakers

    Argentine Football Association Partners With STEPN to Launch Digital Sneakers

    Pudgy Penguins #6873 Leads With Top NFT Sale Worth $360.2k

    Pudgy Penguins #6873 Leads With Top NFT Sale Worth $360.2k

    NFT sales jump 22% to $107m, Pudgy Penguins recover

    NFT sales jump 22% to $107m, Pudgy Penguins recover

    Guild of Guardians Leads NFT Collections with $1.35M in Daily Volume As NFT Market Climbs

    Guild of Guardians Leads NFT Collections with $1.35M in Daily Volume As NFT Market Climbs

    Apple Eases NFT, Crypto Rules for iOS Apps Following Antitrust Ruling

    Apple Eases NFT, Crypto Rules for iOS Apps Following Antitrust Ruling

  • Gaming
    How to Build a Web3 dApp: Step-by-Step Guide

    How to Build a Web3 dApp: Step-by-Step Guide

    Soneium partners with Square Enix’s SYMBIOGENESIS to provide cross-game NFT rewards

    Soneium partners with Square Enix’s SYMBIOGENESIS to provide cross-game NFT rewards

    Doodles’ $DOOD Token Launches on Solana: Tokenomics, Airdrop, and Vision Explained

    Doodles’ $DOOD Token Launches on Solana: Tokenomics, Airdrop, and Vision Explained

    The Ultimate Guide to Xociety: What You Must Know Before You Play

    The Ultimate Guide to Xociety: What You Must Know Before You Play

    Versus Joins ION and Online+ to Elevate Web3 Gaming and Social Integration

    Versus Joins ION and Online+ to Elevate Web3 Gaming and Social Integration

    Gaming Tokens Surge as Take-Two Rallies on Viral GTA 6 Countdown Post

    Gaming Tokens Surge as Take-Two Rallies on Viral GTA 6 Countdown Post

    Adidas Reveals In-Game Apparel Drop for ‘Xociety’ Shooter on Sui

    Adidas Reveals In-Game Apparel Drop for ‘Xociety’ Shooter on Sui

    The Walking Dead NFT Game to End After 3 Years—What Players Should Know

    The Walking Dead NFT Game to End After 3 Years—What Players Should Know

    CoinACE Opens Early-Access Pre-Registration: Practice Crypto Trading, Earn Real ACE Tokens

    CoinACE Opens Early-Access Pre-Registration: Practice Crypto Trading, Earn Real ACE Tokens

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What is a Layer-1 (L1) Blockchain? L1 Problems & Future

    What is a Layer-1 (L1) Blockchain? L1 Problems & Future

    What is a Layer-2 (L2) Blockchain Solution? Types & Problems They Solve

    What is a Layer-2 (L2) Blockchain Solution? Types & Problems They Solve

    What Is a Layer-0 Blockchain Protocol?

    What Is a Layer-0 Blockchain Protocol?

    What They Are and What They Are For

    What They Are and What They Are For

    What It is & Why it Matters

    What It is & Why it Matters

    Most Profitable Crypto to Mine in 2025: Best Altcoins for Mining

    Most Profitable Crypto to Mine in 2025: Best Altcoins for Mining

    What Is a Stablecoin? Meaning, Definition, Types & More

    What Is a Stablecoin? Meaning, Definition, Types & More

    Get a $50 Welcome Bonus when You Join Changelly’s Mobile App – Only This March!

    Get a $50 Welcome Bonus when You Join Changelly’s Mobile App – Only This March!

    The Main Differences Between Crypto Exchanges

    The Main Differences Between Crypto Exchanges

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
No Result
View All Result
Coin Insights
No Result
View All Result
Home Ethereum

Ethereum price prediction: Is $4000 next after ETH’s +17% hike?

May 21, 2024
in Ethereum
3
Ethereum price prediction: Is $4000 next after ETH’s +17% hike?
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter
  • ETH now trades at a two-month high.
  • The number of short positions liquidated on 20th May represented the coin’s single-day highest since the beginning of the year. 

Ethereum [ETH] has rallied to a two-month high after Bloomberg analysts increased the odds of the Ethereum Exchange Traded Fund’s (ETF) successful launch. 

In a post on X (formerly Twitter) on 20th May, Eric Balchunas, a senior analyst at Bloomberg, raised the approval odds for the Ethereum exchange-traded fund (ETF) from 25% to 75%.

Balchunas posted on the social media platform following reports that the United States Securities and Exchange Commission had asked aspiring ETH ETF applicants to update their 19b-4 filings ahead of the deadline this week.

ETH in the last 24 hours

At press time, ETH exchanged hands at $3,648, recording a 17% price hike in the past 24 hours, according to CoinMarketCap’s data. Due to the surge in the coin’s trading activity in the last 24 hours, its trading volume has grown by over 200% during that period.

According to Santiment, ETH’s trading volume has totaled $37 billion, representing its highest since 5th March. 

Ethereum Trading Volume

Source: Santiment

During the intraday trading period on 20th May, ETH’s price traded briefly above $3700. This uptick led to the liquidations of several short positions held in the coin’s futures market.

According to Coinglass data, the amount of ETH’s short liquidations climbed to a year-to-date high of $81 million on that day. In comparison, the amount of long positions liquidated on the same day was $26 million. 

Ethereum Liquidations

Source: Coinglass

Further, ETH whales have taken advantage of the price rally. On-chain data has revealed a considerable spike in whale activity in the past 24 hours. 

See also  Ethereum Faces ‘Hyperinflation Hellscape’—Analyst Reveals Key On-Chain Insights

AMBCrypto found that as ETH’s price trended toward $3700 on 20th May, the count of ETH transactions worth over $1 million also increased.

Per Santiment’s data, 1393 transactions of this nature were completed on that day, representing the highest number since 14th April.

On 20th May, transactions worth above $100,000 totaled 11,827. The last time they were this high was on 15th April. 


Is your portfolio green? Check the Ethereum Profit Calculator


The attention on ETH in the last 24 hours has resulted in an uptick in its social activity. At press time, the coin’s social dominance was 2.28, its highest since February. 

With this value, out of every 100 conversations about the top 100 cryptocurrencies, 2.28 discuss ETH, making it slightly above average in terms of discussion compared to other major coins.

Next: AI cryptos on the move: Should RNDR, GRT and INJ top your list?

READ ALSO

Ethereum Blasts Past $1,900 as On-Chain Signals Point to Institutional Buying

Ethereum’s staking surge: Is Pectra attracting more than just retail investors?

  • ETH now trades at a two-month high.
  • The number of short positions liquidated on 20th May represented the coin’s single-day highest since the beginning of the year. 

Ethereum [ETH] has rallied to a two-month high after Bloomberg analysts increased the odds of the Ethereum Exchange Traded Fund’s (ETF) successful launch. 

In a post on X (formerly Twitter) on 20th May, Eric Balchunas, a senior analyst at Bloomberg, raised the approval odds for the Ethereum exchange-traded fund (ETF) from 25% to 75%.

Balchunas posted on the social media platform following reports that the United States Securities and Exchange Commission had asked aspiring ETH ETF applicants to update their 19b-4 filings ahead of the deadline this week.

See also  Stablecoin supply hits $170B: Are Ethereum ETFs behind the rise?

ETH in the last 24 hours

At press time, ETH exchanged hands at $3,648, recording a 17% price hike in the past 24 hours, according to CoinMarketCap’s data. Due to the surge in the coin’s trading activity in the last 24 hours, its trading volume has grown by over 200% during that period.

According to Santiment, ETH’s trading volume has totaled $37 billion, representing its highest since 5th March. 

Ethereum Trading Volume

Source: Santiment

During the intraday trading period on 20th May, ETH’s price traded briefly above $3700. This uptick led to the liquidations of several short positions held in the coin’s futures market.

According to Coinglass data, the amount of ETH’s short liquidations climbed to a year-to-date high of $81 million on that day. In comparison, the amount of long positions liquidated on the same day was $26 million. 

Ethereum Liquidations

Source: Coinglass

Further, ETH whales have taken advantage of the price rally. On-chain data has revealed a considerable spike in whale activity in the past 24 hours. 

AMBCrypto found that as ETH’s price trended toward $3700 on 20th May, the count of ETH transactions worth over $1 million also increased.

Per Santiment’s data, 1393 transactions of this nature were completed on that day, representing the highest number since 14th April.

On 20th May, transactions worth above $100,000 totaled 11,827. The last time they were this high was on 15th April. 


Is your portfolio green? Check the Ethereum Profit Calculator


The attention on ETH in the last 24 hours has resulted in an uptick in its social activity. At press time, the coin’s social dominance was 2.28, its highest since February. 

See also  Ethereum is not the only reason why Uniswap [UNI] pumped 18% in 24 hours

With this value, out of every 100 conversations about the top 100 cryptocurrencies, 2.28 discuss ETH, making it slightly above average in terms of discussion compared to other major coins.

Next: AI cryptos on the move: Should RNDR, GRT and INJ top your list?
Tags: EthereumETHshikePredictionPrice

Related Posts

Ethereum Blasts Past $1,900 as On-Chain Signals Point to Institutional Buying
Ethereum

Ethereum Blasts Past $1,900 as On-Chain Signals Point to Institutional Buying

May 9, 2025
Ethereum’s staking surge: Is Pectra attracting more than just retail investors?
Ethereum

Ethereum’s staking surge: Is Pectra attracting more than just retail investors?

May 9, 2025
Ethereum Gained 160% The Last Time This On-Chain Indicator Flashed – Will ETH Soar Again?
Ethereum

Ethereum Staking Surges Post-Pectra—Is a Bullish Breakout Brewing?

May 9, 2025
Ethereum tests $1,860 resistance zone, but first, ETH must overcome…
Ethereum

Ethereum tests $1,860 resistance zone, but first, ETH must overcome…

May 8, 2025
Ethereum Gained 160% The Last Time This On-Chain Indicator Flashed – Will ETH Soar Again?
Ethereum

Ethereum ‘Extremely Undervalued Against BTC’ – Supply Pressure May Delay Recovery

May 8, 2025
Game-changer: Asian stock brokers start accepting USDT and USDC for trading
Ethereum

Game-changer: Asian stock brokers start accepting USDT and USDC for trading

May 8, 2025
Next Post
BitMEX Founder Predicts ‘Crypto Valhalla’: When Will It Start?

BitMEX Founder Predicts 'Crypto Valhalla': When Will It Start?

Comments 3

  1. Florencio Puller says:
    2 months ago

    I have been browsing online greater than 3 hours today, yet I by no means discovered any attention-grabbing article like yours. It?¦s lovely value enough for me. In my opinion, if all website owners and bloggers made excellent content material as you did, the net will be much more helpful than ever before.

    Reply
  2. Live Basketball Streaming says:
    1 month ago

    I was studying some of your content on this website and I believe this website is real instructive! Continue posting.

    Reply
  3. College Basketball Streaming says:
    1 month ago

    You are a very intelligent individual!

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
Ethereum crosses $3.2K as L2 crosses new milestone: What now?

Ethereum crosses $3.2K as L2 crosses new milestone: What now?

May 6, 2024

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

Inside Web3War v3.0: Ranked Matches, Real Rewards, and Skill2Earn Dynamics

Inside Web3War v3.0: Ranked Matches, Real Rewards, and Skill2Earn Dynamics

March 1, 2024
You Can Earn Bitcoin for Playing a Fun Mobile Word Game—Here’s How Much

You Can Earn Bitcoin for Playing a Fun Mobile Word Game—Here’s How Much

January 31, 2024
Bitcoin ETF outflows cross $288M amidst Labor Day’s ‘risk-off mode’

Why this crypto VC is bullish on Ethereum despite ETH trailing Solana, Bitcoin

November 17, 2024
How Ethereum conquered the roadblock after BlackRock’s ETF filing

55 mln MATIC tokens head to Coinbase: What now?

November 13, 2023

About

Dive into the world of cryptocurrency. Our news site offers insights, trends, and updates to guide your journey into the realm of digital finance.

Follow us

Categories

  • AI
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • DeFi
  • Ethereum
  • Gaming
  • Guides
  • Metaverse
  • Mining
  • NFT
  • Other
  • Web 3

Recent Posts

  • Ethereum Blasts Past $1,900 as On-Chain Signals Point to Institutional Buying
  • MARA Reports $214M in Q1 Revenue, Grows Bitcoin Holdings to 47,531 BTC
  • Ethereum’s staking surge: Is Pectra attracting more than just retail investors?

Newsletter

Don't miss a single story

Subscribe to our free Newsletter

  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions

© 2023 Coininsights.com - All rights reserved.

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
  • Metaverse
  • NFT
  • Gaming
  • Blockchain
  • AI
  • Guides
  • Analysis
  • Coin Marketcaps

© 2023 Coininsights.com - All rights reserved.