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EthereumETH
$ 3,582.99
2.83
(
0.08%
)
Info
Rank Rank 2
Coin
Not Mineable
Bid
$ 3,583.10
Exchange
GDAX
Ask
$ 3,583.43
Last Trade Time
03:20:56
Volume (24h)
$ 3,845,979,764
Last Trade Size
0.000305
Volume/Market Cap (24h)
0.01%
Trade Price
$ 3,583.42
Fully Diluted Market Cap
$ 431,284,686,449
Genesis Date
7/29/2015
Days Range 3,551.14-3,603.00
52 Weeks Range 2,019.63-4,093.88
Circulating Supply 120,370,050 /
#ExchangePairPriceVolumePrice x VolumeVolume (%)Updated
3582.79Binance56489.7568/cdn/crypto/logos/exchanges/BINA.png$ 201,949,643.331732850461ETH/USDThttps://www.binance.com/en/trade/ETH_USDTUSDT1https://www.binance.com/en/trade/ETH_USDT37.4035484544Recently
3586.82Crypto.com20950.4991/cdn/crypto/logos/exchanges/CRTO.png$ 74,903,007.271732850153ETH/USDhttps://crypto.com/exchange/trade/ETH_USDUSD2https://crypto.com/exchange/trade/ETH_USD13.87194869695 minutes ago
3582.99OKX14364.902107/cdn/crypto/logos/exchanges/OKEX.png$ 51,388,103.771732850461ETH/USDThttps://www.okx.com/trade-spot/ETH-USDTUSDT3https://www.okx.com/trade-spot/ETH-USDT9.5114290172Recently
3582.7Crypto.com13886.7934/cdn/crypto/logos/exchanges/CRTO.png$ 49,634,563.641732850463ETH/USDThttps://crypto.com/exchange/trade/ETH_USDTUSDT4https://crypto.com/exchange/trade/ETH_USDT9.19485901935Recently
3583.66Coinbase13519.3695393/cdn/crypto/logos/exchanges/GDAX.png$ 48,339,476.551732850462ETH/USDhttps://pro.coinbase.com/trade/ETH-USDUSD5https://pro.coinbase.com/trade/ETH-USD8.95157675093Recently
3583.26Tidex5610.3214187/cdn/crypto/logos/exchanges/TIDE.png$ 20,055,629.451732850441ETH/USDThttps://tidex.com/exchange/ETH/USDTUSDT6https://tidex.com/exchange/ETH/USDT3.71476070913Recently
3587.92DigiFinex5152.2096/cdn/crypto/logos/exchanges/DGFX.png$ 18,426,252.191732849972ETH/USDThttps://www.digifinex.com/en-ww/trade/USDT/ETHUSDT7https://www.digifinex.com/en-ww/trade/USDT/ETH3.41143124598 minutes ago
0.03713Binance3538.7923/cdn/crypto/logos/exchanges/BINA.pngBTC 131.771732850461ETH/BTChttps://www.binance.com/en/trade/ETH_BTCBTC8https://www.binance.com/en/trade/ETH_BTC2.34313965507Recently
3587.15LBank3242.9482/cdn/crypto/logos/exchanges/LBNK.png$ 11,588,731.441732850454ETH/USDThttps://www.lbank.info/exchange/eth/usdtUSDT9https://www.lbank.info/exchange/eth/usdt2.14725247558Recently
0.03712OKX2782.533477/cdn/crypto/logos/exchanges/OKEX.pngBTC 103.531732850384ETH/BTChttps://www.okx.com/trade-spot/ETH-BTCBTC10https://www.okx.com/trade-spot/ETH-BTC1.84239819091Recently
3552.96Gemini1657.859628/cdn/crypto/logos/exchanges/GEMN.png$ 6,011,812.361732838208ETH/USDhttps://gemini.com/?symbol=ETHUSDUSD11https://gemini.com/?symbol=ETHUSD1.097718178293 hours ago
0.037111Bitfinex1309.30335396/cdn/crypto/logos/exchanges/BFNX.pngBTC 48.771732850461ETH/BTChttps://www.bitfinex.com/t/ETH:BTCBTC12https://www.bitfinex.com/t/ETH:BTC0.866928700273Recently
3582.61LATOKEN1134.92762/cdn/crypto/logos/exchanges/LATK.png$ 4,057,969.111732850343ETH/USDThttps://exchange.latoken.com/exchange/ETH-USDTUSDT13https://exchange.latoken.com/exchange/ETH-USDT0.751469339428Recently
0.03711DigiFinex1112.5743/cdn/crypto/logos/exchanges/DGFX.pngBTC 41.441732850121ETH/BTChttps://www.digifinex.com/en-ww/trade/BTC/ETHBTC14https://www.digifinex.com/en-ww/trade/BTC/ETH0.7366685412816 minutes ago
3391.2Bitvavo807.10938502/cdn/crypto/logos/exchanges/BITV.png€ 2,729,661.651732850462ETH/EURhttps://account.bitvavo.com/markets/ETH-EUREUR15https://account.bitvavo.com/markets/ETH-EUR0.534411133995Recently
3586.12Kraken796.97121525/cdn/crypto/logos/exchanges/KRKN.png$ 2,849,485.121732850192ETH/USDhttps://trade.kraken.com/markets/kraken/ETH/USDUSD16https://trade.kraken.com/markets/kraken/ETH/USD0.527698350197Recently
540314bitFlyer763.8312124/cdn/crypto/logos/exchanges/BITF.png¥ 411,147,777.381732850459ETH/JPYhttps://cryptowat.ch/markets/bitflyer/ETH/JPYJPY17https://cryptowat.ch/markets/bitflyer/ETH/JPY0.505755368449Recently
3391.34Coinbase682.39834051/cdn/crypto/logos/exchanges/GDAX.png€ 2,309,074.761732850462ETH/EURhttps://pro.coinbase.com/trade/ETH-EUREUR18https://pro.coinbase.com/trade/ETH-EUR0.451836241477Recently
3584.51Coinbase531.50108666/cdn/crypto/logos/exchanges/GDAX.png$ 1,900,133.451732850462ETH/USDThttps://pro.coinbase.com/trade/ETH-USDTUSDT19https://pro.coinbase.com/trade/ETH-USDT0.351922680759Recently
3584.2Bitstamp445.85899575/cdn/crypto/logos/exchanges/BSTP.png$ 1,594,867.651732850462ETH/USDhttps://www.bitstamp.net/markets/eth/usdUSD20https://www.bitstamp.net/markets/eth/usd0.295216504656Recently
0.03712Tidex330.1176973/cdn/crypto/logos/exchanges/TIDE.pngBTC 12.291732850403ETH/BTChttps://tidex.com/exchange/ETH/BTCBTC21https://tidex.com/exchange/ETH/BTC0.21858074784Recently
0.037132HitBTC305.7197/cdn/crypto/logos/exchanges/HITB.pngBTC 11.381732849939ETH/BTChttps://hitbtc.com/ETH-to-BTCBTC22https://hitbtc.com/ETH-to-BTC0.2024261080279 minutes ago
0.03712Coinbase292.19483533/cdn/crypto/logos/exchanges/GDAX.pngBTC 10.881732850461ETH/BTChttps://pro.coinbase.com/trade/ETH-BTCBTC23https://pro.coinbase.com/trade/ETH-BTC0.193470892787Recently
3394.9Kraken210.43829605/cdn/crypto/logos/exchanges/KRKN.png€ 711,863.111732850190ETH/EURhttps://trade.kraken.com/markets/kraken/ETH/EUREUR24https://trade.kraken.com/markets/kraken/ETH/EUR0.139337456007Recently
3389.56Binance183.3142/cdn/crypto/logos/exchanges/BINA.png€ 620,506.261732850460ETH/EURhttps://www.binance.com/en/trade/ETH_EUREUR25https://www.binance.com/en/trade/ETH_EUR0.121377785115Recently
2817.58Coinbase155.58266972/cdn/crypto/logos/exchanges/GDAX.png£ 437,731.981732850462ETH/GBPhttps://pro.coinbase.com/trade/ETH-GBPGBP26https://pro.coinbase.com/trade/ETH-GBP0.10301591395Recently
0.03710668EXMO122.14411231/cdn/crypto/logos/exchanges/EXMO.pngBTC 4.551732850419ETH/BTChttps://exmo.com/en/trade#?pair=ETH_BTCBTC27https://exmo.com/en/trade#?pair=ETH_BTC0.0808752503464Recently
3583.09Kucoin120.2533619/cdn/crypto/logos/exchanges/KUCN.png$ 429,817.191732850456ETH/USDThttps://trade.kucoin.com/ETH-USDTUSDT28https://trade.kucoin.com/ETH-USDT0.0796233282532Recently
3586.8Bitfinex102.94498693/cdn/crypto/logos/exchanges/BFNX.png$ 368,156.121732850461ETH/USDhttps://www.bitfinex.com/t/ETH:USDUSD29https://www.bitfinex.com/t/ETH:USD0.06816293829Recently
3391.9Bitstamp80.09670714/cdn/crypto/logos/exchanges/BSTP.png€ 270,652.711732850462ETH/EURhttps://www.bitstamp.net/markets/eth/eurEUR30https://www.bitstamp.net/markets/eth/eur0.0530344125424Recently
3584.87EXMO59.25605148/cdn/crypto/logos/exchanges/EXMO.png$ 211,840.031732850418ETH/USDThttps://exmo.com/en/trade#?pair=ETH_USDTUSDT31https://exmo.com/en/trade#?pair=ETH_USDT0.0392351944547Recently
3589.65Gate.io56.6882/cdn/crypto/logos/exchanges/GATE.png$ 202,506.861732848743ETH/USDThttps://gate.io/trade/ETH_USDTUSDT32https://gate.io/trade/ETH_USDT0.037534943600529 minutes ago
0.03719Kucoin47.3791587/cdn/crypto/logos/exchanges/KUCN.pngBTC 1.761732849631ETH/BTChttps://trade.kucoin.com/ETH-BTCBTC33https://trade.kucoin.com/ETH-BTC0.031371150427114 minutes ago
0.03713681Bitstamp30.44701419/cdn/crypto/logos/exchanges/BSTP.pngBTC 1.131732850462ETH/BTChttps://www.bitstamp.net/markets/eth/btcBTC34https://www.bitstamp.net/markets/eth/btc0.0201598738437Recently
0.03732Gemini24.783885/cdn/crypto/logos/exchanges/GEMN.pngBTC 0.9373681732828327ETH/BTChttps://gemini.com/?symbol=ETHBTCBTC35https://gemini.com/?symbol=ETHBTC0.01641014753826 hours ago
3390.19Tidex18.9314082/cdn/crypto/logos/exchanges/TIDE.png€ 64,067.361732850436ETH/EURhttps://tidex.com/exchange/ETH/EUREUR36https://tidex.com/exchange/ETH/EUR0.0125350485474Recently
0.037137Crypto.com18.0375/cdn/crypto/logos/exchanges/CRTO.pngBTC 0.6721051732850153ETH/BTChttps://crypto.com/exchange/trade/ETH_BTCBTC37https://crypto.com/exchange/trade/ETH_BTC0.01194316533595 minutes ago
2821.28Kraken16.4201499/cdn/crypto/logos/exchanges/KRKN.png£ 46,108.671732850191ETH/GBPhttps://trade.kraken.com/markets/kraken/ETH/GBPGBP38https://trade.kraken.com/markets/kraken/ETH/GBP0.0108722697212Recently
0.03592721Mercatox14.82971569/cdn/crypto/logos/exchanges/MRTX.pngBTC 0.5400021732849774ETH/BTChttps://mercatox.com/exchange/ETH/BTCBTC39https://mercatox.com/exchange/ETH/BTC0.0098191959179411 minutes ago
3428.83Gemini14.046277/cdn/crypto/logos/exchanges/GEMN.png€ 47,922.341732817600ETH/EURhttps://gemini.com/?symbol=ETHEUREUR40https://gemini.com/?symbol=ETHEUR0.009300457855289 hours ago
3583.1Bitstamp12.06645189/cdn/crypto/logos/exchanges/BSTP.png$ 43,061.251732850462ETH/USDThttps://www.bitstamp.net/markets/eth/usdtUSDT41https://www.bitstamp.net/markets/eth/usdt0.00798955675342Recently
0.03709Gate.io10.8216/cdn/crypto/logos/exchanges/GATE.pngBTC 0.4034131732848923ETH/BTChttps://gate.io/trade/ETH_BTCBTC42https://gate.io/trade/ETH_BTC0.0071653032847626 minutes ago
0.03724946Upbit7.00765171/cdn/crypto/logos/exchanges/UPBT.pngBTC 0.2619661732850124ETH/BTChttps://upbit.com/exchange?code=CRIX.UPBIT.BTC-ETHBTC43https://upbit.com/exchange?code=CRIX.UPBIT.BTC-ETH0.004639974663286 minutes ago
2821.5Bitstamp5.11426882/cdn/crypto/logos/exchanges/BSTP.png£ 14,396.601732850463ETH/GBPhttps://www.bitstamp.net/markets/eth/gbpGBP44https://www.bitstamp.net/markets/eth/gbp0.00338630952679Recently
3577.2Upbit1.60436691/cdn/crypto/logos/exchanges/UPBT.png$ 5,724.861732850149ETH/USDThttps://upbit.com/exchange?code=CRIX.UPBIT.USDT-ETHUSDT45https://upbit.com/exchange?code=CRIX.UPBIT.USDT-ETH0.001062299058385 minutes ago
2832.75Gemini1.462486/cdn/crypto/logos/exchanges/GEMN.png£ 4,187.391732815562ETH/GBPhttps://gemini.com/?symbol=ETHGBPGBP46https://gemini.com/?symbol=ETHGBP0.00096835548714710 hours ago
2826.4Bitfinex1.32141696/cdn/crypto/logos/exchanges/BFNX.png£ 3,706.521732850459ETH/GBPhttps://www.bitfinex.com/t/ETH:GBPGBP47https://www.bitfinex.com/t/ETH:GBP0.000874949479192Recently
0.03714bitFlyer1.0462136/cdn/crypto/logos/exchanges/BITF.pngBTC 0.0390221732850377ETH/BTChttps://cryptowat.ch/markets/bitflyer/ETH/BTCBTC48https://cryptowat.ch/markets/bitflyer/ETH/BTC0.00069272914769Recently
3393.2Bitfinex0.95495157/cdn/crypto/logos/exchanges/BFNX.png€ 3,218.671732850459ETH/EURhttps://www.bitfinex.com/t/ETH:EUREUR49https://www.bitfinex.com/t/ETH:EUR0.000632301842732Recently
3718.94Mercatox0.94608184/cdn/crypto/logos/exchanges/MRTX.png$ 3,515.831732850317ETH/USDThttps://mercatox.com/exchange/ETH/USDTUSDT50https://mercatox.com/exchange/ETH/USDT0.000626428930639Recently
3398.22EXMO0.68466808/cdn/crypto/logos/exchanges/EXMO.png€ 2,323.571732850420ETH/EURhttps://exmo.com/en/trade#?pair=ETH_EUREUR51https://exmo.com/en/trade#?pair=ETH_EUR0.000453339103515Recently
3554.7EXMO0.56959809/cdn/crypto/logos/exchanges/EXMO.png$ 2,033.481732850391ETH/USDhttps://exmo.com/en/trade#?pair=ETH_USDUSD52https://exmo.com/en/trade#?pair=ETH_USD0.000377147839993Recently
2927.26EXMO0.1059/cdn/crypto/logos/exchanges/EXMO.png£ 309.601732848955ETH/GBPhttps://exmo.com/en/trade#?pair=ETH_GBPGBP53https://exmo.com/en/trade#?pair=ETH_GBP7.01195403504E-525 minutes ago
540141Kraken0.0085342/cdn/crypto/logos/exchanges/KRKN.png¥ 4,605.321732850191ETH/JPYhttps://trade.kraken.com/markets/kraken/ETH/JPYJPY54https://trade.kraken.com/markets/kraken/ETH/JPY5.65074769838E-6Recently
0.06282LBank0/cdn/crypto/logos/exchanges/LBNK.pngBTC 0.000000001732838536ETH/BTChttps://www.lbank.info/exchange/eth/btcBTC55https://www.lbank.info/exchange/eth/btc03 hours ago
Bittrex/cdn/crypto/logos/exchanges/BTRX.png€ -ETH/EURhttps://bittrex.com/Market/Index?MarketName=EUR-ETHEUR56https://bittrex.com/Market/Index?MarketName=EUR-ETH0-
539120Bitfinex0/cdn/crypto/logos/exchanges/BFNX.png¥ 0.000000001732850459ETH/JPYhttps://www.bitfinex.com/t/ETH:JPYJPY57https://www.bitfinex.com/t/ETH:JPY0Recently
Poloniex/cdn/crypto/logos/exchanges/POLO.pngBTC -ETH/BTChttps://poloniex.com/exchange#BTC_ETHBTC58https://poloniex.com/exchange#BTC_ETH0-
1974.32Binance0/cdn/crypto/logos/exchanges/BINA.png£ 0.000000001732838541ETH/GBPhttps://www.binance.com/en/trade/ETH_GBPGBP59https://www.binance.com/en/trade/ETH_GBP03 hours ago
3359HTX0/cdn/crypto/logos/exchanges/HUOB.png$ 0.000000001732838528ETH/USDThttps://www.huobi.com/en-us/exchange/eth_usdtUSDT60https://www.huobi.com/en-us/exchange/eth_usdt03 hours ago
0.034117HTX0/cdn/crypto/logos/exchanges/HUOB.pngBTC 0.000000001732838528ETH/BTChttps://www.huobi.com/en-us/exchange/eth_btcBTC61https://www.huobi.com/en-us/exchange/eth_btc03 hours ago
0.07259367Bibox0/cdn/crypto/logos/exchanges/BIBX.pngBTC 0.000000001732838528ETH/BTChttps://www.bibox.com/en/exchange/basic/ETH_BTCBTC62https://www.bibox.com/en/exchange/basic/ETH_BTC03 hours ago
3555.71CEX.IO0/cdn/crypto/logos/exchanges/CXIO.png$ 0.000000001732850459ETH/USDThttps://cex.io/eth-usdtUSDT63https://cex.io/eth-usdt0Recently
0.034078CEX.IO0/cdn/crypto/logos/exchanges/CXIO.pngBTC 0.000000001732850458ETH/BTChttps://cex.io/eth-btcBTC64https://cex.io/eth-btc0Recently
Kraken/cdn/crypto/logos/exchanges/KRKN.png$ -ETH/USDThttps://trade.kraken.com/markets/kraken/ETH/USDTUSDT65https://trade.kraken.com/markets/kraken/ETH/USDT0-
3620CEX.IO0/cdn/crypto/logos/exchanges/CXIO.png$ 0.000000001732849209ETH/USDhttps://cex.io/eth-usdUSD66https://cex.io/eth-usd021 minutes ago
3380.51CEX.IO0/cdn/crypto/logos/exchanges/CXIO.png€ 0.000000001732850460ETH/EURhttps://cex.io/eth-eurEUR67https://cex.io/eth-eur0Recently
2840.51CEX.IO0/cdn/crypto/logos/exchanges/CXIO.png£ 0.000000001732850461ETH/GBPhttps://cex.io/eth-gbpGBP68https://cex.io/eth-gbp0Recently
1218.96Bibox0/cdn/crypto/logos/exchanges/BIBX.png$ 0.000000001732850308ETH/USDThttps://www.bibox.com/en/exchange/basic/ETH_USDTUSDT69https://www.bibox.com/en/exchange/basic/ETH_USDT0Recently
SouthXchange/cdn/crypto/logos/exchanges/SOTX.pngBTC -ETH/BTChttps://www.southxchange.com/Market/Book/ETH/BTCBTC70https://www.southxchange.com/Market/Book/ETH/BTC0-
1964Gate.io0/cdn/crypto/logos/exchanges/GATE.png$ 0.000000001732838529ETH/USDhttps://gate.io/trade/ETH_USDUSD71https://gate.io/trade/ETH_USD03 hours ago
1974.32Tidex0/cdn/crypto/logos/exchanges/TIDE.png£ 0.000000001732838521ETH/GBPhttps://tidex.com/exchange/ETH/GBPGBP72https://tidex.com/exchange/ETH/GBP03 hours ago
Bittrex/cdn/crypto/logos/exchanges/BTRX.pngBTC -ETH/BTChttps://bittrex.com/Market/Index?MarketName=BTC-ETHBTC73https://bittrex.com/Market/Index?MarketName=BTC-ETH0-
Bittrex/cdn/crypto/logos/exchanges/BTRX.png$ -ETH/USDThttps://bittrex.com/Market/Index?MarketName=USDT-ETHUSDT74https://bittrex.com/Market/Index?MarketName=USDT-ETH0-
3579.69HitBTC0/cdn/crypto/logos/exchanges/HITB.png$ 0.000000001732838520ETH/USDhttps://hitbtc.com/ETH-to-USDUSD75https://hitbtc.com/ETH-to-USD03 hours ago
Poloniex/cdn/crypto/logos/exchanges/POLO.png$ -ETH/USDThttps://poloniex.com/exchange#USDT_ETHUSDT76https://poloniex.com/exchange#USDT_ETH0-
SouthXchange/cdn/crypto/logos/exchanges/SOTX.png$ -ETH/USDThttps://www.southxchange.com/Market/Book/ETH/USDTUSDT77https://www.southxchange.com/Market/Book/ETH/USDT0-
0.03781LATOKEN0/cdn/crypto/logos/exchanges/LATK.pngBTC 0.000000001732838533ETH/BTChttps://exchange.latoken.com/exchange/ETH-BTCBTC78https://exchange.latoken.com/exchange/ETH-BTC03 hours ago
Bitvavo/cdn/crypto/logos/exchanges/BITV.pngBTC -ETH/BTChttps://account.bitvavo.com/markets/ETH-BTCBTC79https://account.bitvavo.com/markets/ETH-BTC0-
Bittrex/cdn/crypto/logos/exchanges/BTRX.png$ -ETH/USDhttps://bittrex.com/Market/Index?MarketName=USD-ETHUSD80https://bittrex.com/Market/Index?MarketName=USD-ETH0-
DatePriceChangeChange %LowHighAvg. Daily Vol
13361.66221.336.583949596333252.63688.54285045.618703CX
42518.091064.942.2899896352355.433688.54212452.403572CX
122369.521213.4751.21163780012150.763688.54144975.845821CX
263841.94-258.95-6.7400844365121123888.9128987.633141CX
522047.221535.7775.01734058872019.634093.88132598.001947CX
1564316.09-733.1-16.98528065918804784.5203575.938109CX
260150.743432.252276.9337932985.94867.81956615.362944CX

About ETH

Ethereum is the community-run technology powering the cryptocurrency ether (ETH) and thousands of decentralized applications.

Crypto Chat

View Posts
DCALongRun
https://watcher.guru/news/president-elect-donald-trump-holds-over-5400000-in-crypto
👍️0
ap17
IS ETHEREUM MORE SCARCE THAN BTC? 📉 Today we’ll be checking in on the amount of Ethereum available for sale on exchanges. Here’s how to interpret this metric: Decreasing exchange balances: Bullish indicator as it signals a shift towards long-term holding 🐂 Increasing exchange... IS ETHEREUM MORE SCARCE THAN BTC? 📉 Today we’ll be checking in on the amount of Ethereum available for sale on exchanges. Here’s how to interpret this metric: Decreasing exchange balances: Bullish indicator as it signals a shift towards long-term holding 🐂 Increasing exchange balances: Bearish indicator as coins being transferred to exchanges are more likely to be sold 🐻 onchain Currently there is 12,617,531 Ethereum available for sale on exchanges. That’s ~10.45% of the entire circulating supply. And here’s the thing… As a percentage, there’s even less Ethereum on exchanges compared to Bitcoin. As of today, 14.56% of the circulating Bitcoin supply is sitting on an exchange. Year-to-date, Ethereum exchange balances have decreased by 1,562,946 ETH. That’s $5.69 billion at today’s prices! As Ethereum continues to leave exchanges, it signals that investors have a preference for long-term holding. And with ~89.55% of the supply not sitting on an exchange… That’s a big deal. Put simply, there just isn’t that much Ethereum available for sale right now. Show more
👍️0
Dogger05
How is that you know that?
👍️0
DonVance
US president Donald Trump holds ~974.5K eth
👍️0
ap17
WHEN?
👍️0
qualityincolor
Gensler is out!!!
👍️0
carlson
Why are there no recent posts?
👍️0
QuantumRogue6
ETH bounces back to $2,395 support, but Unichain's launch could bring inflation worries. insert-text-here
👍️0
nowwhat2
Update
👍️0
ap17
DON’T COUNT OUT ETHEREUM 🧠 It’s easy to hate on Ethereum right now. The Ethereum / Bitcoin ratio just hit its lowest level in 3 years. But don’t count Ethereum out just yet. That’s the latest message out from Matt Hougan. Matt Hougan Matt Hougan is the Chief Investment Officer at Bitwise,... DON’T COUNT OUT ETHEREUM 🧠 It’s easy to hate on Ethereum right now. The Ethereum / Bitcoin ratio just hit its lowest level in 3 years. But don’t count Ethereum out just yet. That’s the latest message out from Matt Hougan. Matt Hougan Matt Hougan is the Chief Investment Officer at Bitwise, the 5th largest Bitcoin ETF issuer. This week Matt broke down why he’s betting on an Ethereum come back: “It’s cool to hate Ethereum right now. I bet this ends up looking silly.” Matt Hougan Why has Ethereum underperformed Bitcoin so much in 2024? Matt narrows it down to 3 factors: Election Risk - Bitcoin has largely passed regulatory scrutiny. Ethereum has not. If Harris wins in November and continues the Biden administrations skeptical posture towards crypto, Ethereum could be in trouble. Rising Competition - Ethereum faces rising competition from newer blockchains that can offer faster & cheaper transactions. For example - Solana. Mixed ETF results - Although the launch of the Ethereum ETFs were undoubtedly successful, they were not successful on the scale the Bitcoin ETFs were. However, it’s not all bad. Ethereum also has major positives: Stablecoins - Arguably crypto’s best use case, over 50% of all stablecoins are issued on Ethereum. DeFi - Over 60% of all decentralised finance happens on Ethereum. Polymarket - One of the biggest applications to come out of crypto settles on Ethereum. Ethereum has the most active developers, the most active users & its market cap is 5x bigger than its closest competitor. “Follow the developers” Cathie Wood - CEO of ARK Invest Although Ethereum does face some challenges, Matt’s message is clear: Don’t count out Ethereum just yet. “I suspect the market may reevaluate Ethereum as we get closer to the November elections and any regulatory clarity that emerges. For now, it looks like a potential contrarian bet through the end of the year.” Matt Hougan BASICALLY ZERO… 😱 Continuing on with the Ethereum talk… Last cycle it wasn’t unheard of to pay $200 in gas fees for high priority transactions. These extremely high transaction fees were one of the main criticism’s people had against Ethereum. And rightfully so… Absolutely no one wants to spend over $200 in transaction fees. 😡 But things have changed… Layer 2 networks have significantly increased Ethereum’s usability. Speaking at Token 2049, Vitalik Buterin (Founder of Ethereum) mentioned how cheap transactions have become: “From being somewhere between $10 and $0.50 to being under $0.01, basically zero.” Vitalik Buterin And here’s the chart backing this claim up. As you can see, transactions fees have essentially gone to zero. L2 fees Ethereum Layer 2’s are a game changer when it comes to network scalability. Perhaps going a bit under the radar, Ethereum’s transaction confirmation time has also seen significant improvements. Here’s what Vitalik had to say: “One of the things that the merge did is it also cut in half the average waiting time until the next block… These days I quietly have my transactions confirmed in 5 to 15 seconds.” Vitalik Buterin These changes, combined with lower fees, have made the Ethereum network WAY more user-friendly. And as a result, the number of transactions on Layer 2 networks has exploded. 🚀 L2 transactions Transaction count of top 3 Layer 2 Networks: 🔵 Base, 🟢 Arbitrum, 🔴 OP As we broke down in the previous section: Don’t count out Ethereum just yet. Show more
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nowwhat2
FOMC in 2 hrs !
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ap17
ETHEREUM EXCHANGE BALANCES ⚖️ Time to show Ethereum some love. Today we’ll be checking in on the amount of Ethereum available for sale on exchanges. Here’s how to interpret this metric: Decreasing exchange balances: Bullish indicator as it signals a shift towards long-term holding... ETHEREUM EXCHANGE BALANCES ⚖️ Time to show Ethereum some love. Today we’ll be checking in on the amount of Ethereum available for sale on exchanges. Here’s how to interpret this metric: Decreasing exchange balances: Bullish indicator as it signals a shift towards long-term holding 🐂 Increasing exchange balances: Bearish indicator as coins being transferred to exchanges are more likely to be sold 🐻 onchain Currently there is 12,078,328 Ethereum available for sale on exchanges. That’s ~10.05% of the entire circulating supply. And here’s the thing… As a percentage, there’s even less Ethereum on exchanges compared to Bitcoin. (We’ll be breaking down Bitcoin’s exchange balances tomorrow) Over the last 3 months, ETH exchange balances have decreased by ~301,061 ETH. (~$710.63 million) As Ethereum continues to leave exchanges, it signals that investors have a preference for long-term holding. And with ~89.95% of the supply not sitting on an exchange… That’s a big deal. Put simply, there just isn’t that much Ethereum available for sale right now. Show more
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nowwhat2
Next weekend.....
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ap17
IS ETHEREUM DYING? 📉 Ethereum network revenue has plummeted by 99% since March 2024. And at first glance, that sounds terrible… But there’s a good reason for this drop in revenue. Let’s break it down. ETH revenue According to data from Token Terminal, network fees hit their highest levels... IS ETHEREUM DYING? 📉 Ethereum network revenue has plummeted by 99% since March 2024. And at first glance, that sounds terrible… But there’s a good reason for this drop in revenue. Let’s break it down. ETH revenue According to data from Token Terminal, network fees hit their highest levels for the year on March 5 at $35.5 million. Today, network fees are at ~$500,000 per day. The reason for this is the Dencun upgrade which went live on March 13. The Dencun upgrade significantly lowered transaction fees on Layer 2 networks. And as a result, Layer 2’s have been popping off this year. Take a look at the chart below. Transaction counts on Layer 2 networks have doubled in the last six months. L2 transaction So if Layer 2 network transactions are up, then why is Ethereum revenue down? Well here’s the thing… There are a LOT of Layer 2 networks out there right now competing with each other. And this highly competitive environment has encouraged a race to the bottom with L2’s offering lower and lower transaction fees to customers. Meaning, fewer users are settling transactions on the Ethereum base layer. (opting to use L2 networks instead) L2 fees Ultimately lower transaction fees are a net benefit for users of the Ethereum ecosystem. However… Due to the way Ethereum works, less base layer activity mean less ETH being burnt. (a portion of every gas fee is permanently removed from the ETH supply) Which results in Ethereum becoming inflationary. And that’s exactly what is going on right now. Over the last 30 days, ETH has been inflationary at a rate of 0.71% per year. ETH inflation So Ethereum finds itself in a bit of a weird situation right now. On one hand, network activity on Layer 2 networks is booming due to extremely cheap transactions. But on the other, ETH is now inflationary and base layer revenue is falling… For Ethereum revenue to once again increase, layer 2 network would have to continue to increase at an exponential rate. Show more
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nowwhat2
Weekend Shennanigans......Wow.....Okay.....Thing just totally "gamed" this whole freaking range
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ap17
HAVE THE ETHEREUM ETFs FAILED? 🏦 BREAKING: Ether ETFs have bled money, but that's not the whole story ETH At first glance, it may appear that the Ethereum ETFs have been a failure… After all, since launch they’ve seen net outflows of $478.2 million. And with BlackRock’s Bitcoin ETF... HAVE THE ETHEREUM ETFs FAILED? 🏦 BREAKING: Ether ETFs have bled money, but that's not the whole story ETH At first glance, it may appear that the Ethereum ETFs have been a failure… After all, since launch they’ve seen net outflows of $478.2 million. And with BlackRock’s Bitcoin ETF continually putting up numbers like this… IBIT 26th August IBIT inflows It’s hard not to look at the ETH ETFs and think: What’s going on with them? ETH Well according to Nate Geraci, president of the ETF Store, we must look beyond Grayscale’s Ethereum Trust. And if you do, it paints a very different picture… If you remove ETHE from the equation, the Ethereum ETFs have experienced net inflows of $2.06 billion. “The fact that over $2 billion has been purposefully allocated to the other spot ether ETFs is a good sign as it shows that investors want ether exposure… While not the dazzling debut we saw from spot bitcoin ETFs, I think spot ether ETFs have clearly had a successful first month and I expect this to continue.” Nate Geraci Geraci believes that the Grayscale outflows muddy the waters, making it difficult to gauge just how much demand there really is. “We simply don’t know all of the underlying motivations of ETHE sellers, which is why I think it’s important to look beyond that product.” Nate Geraci Geraci also pointed out something interesting… So far BlackRock’s Ethereum ETF has seen just over $1 billion in inflows. Inflows of this magnitude make it the seventh most successful ETF launch of 2024. Which is kinda insane when you think about it. (it’s only been trading for just over 1 month) But, back to the question. Have the Ethereum ETFs been a failure? 🤔 No. No they haven’t… After 1 month of trading, the newly launched ETFs have attracted over $2 billion in inflows. By ETF standards, that is ridiculous and anything but a failure. Show more
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nowwhat2
A pumpers' worst nightmare......is someone who's actually displaying the truth. 4 days ago (before it spiked up to the (above charts') blue resistance line.....(and now it's at that white dot)
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nowwhat2
Hey why so now not all that great ???? Awww - There's the answer (the 2725 Level).....2 hours ago Hey why so now not all that great ????
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nowwhat2
Pure, Basic, RAW T.A....... Mob Behaviour Analysis BTC 8 minutes later...... BTC !.......64 !.......Nowwhat USA ! Just Pure, Basic, RAW T.A. ! Go USA Go ! Mob (mostly Republicans) Behaviour Analysis .
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nowwhat2
A glaring Resistance can clearly be seen on this, The Number 2 Crypto Coin Must bust thru (that there) Resistance..... And because we're on a Sunday and Monday ?.....Well...... just re-view at that top chart again. This stuff isn't rocket science / guessing.......and neither is it anything... A glaring Resistance can clearly be seen on this, The Number 2 Crypto Coin Must bust thru (that there) Resistance..... And because we're on a Sunday and Monday ?.....Well...... just re-view at that top chart again. This stuff isn't rocket science / guessing.......and neither is it anything or something like THIS Those who try to convince you that TA's like that chart, are just simply the greatest and biggest clowns on the planet. . Show more
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nowwhat2
Several cryptos are extremely quite volatile right now and this shows the reason why ;
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nowwhat2
XRP !......XRP !......Go USA Go ! Crypto Laser Monkey Eyes ! Weekends were made for pumping coins
👍️0
ap17
GRAYSCALE OUTFLOWS WON’T STOP 📉 For a second let’s pretend that Grayscale’s ETHE doesn’t exist… If that were the case, net inflows into the Ethereum ETFs would be just over $2 billion. And they’ve only been trading for 4 weeks. Let’s put that $2 billion into context… If the Ethereum ETFs... GRAYSCALE OUTFLOWS WON’T STOP 📉 For a second let’s pretend that Grayscale’s ETHE doesn’t exist… If that were the case, net inflows into the Ethereum ETFs would be just over $2 billion. And they’ve only been trading for 4 weeks. Let’s put that $2 billion into context… If the Ethereum ETFs were viewed as one, $2 billion would make them the 4th best ETF launch of the year. The three ETFs above them would all be Bitcoin ETFs. (BlackRock’s IBIT, Fidelity’s FBTC & ARK’s ARKB) On it’s own, BlackRock’s ETHA is the 7th most successful ETF launched this year. ETH flows But… Unfortunately Grayscale’s ETHE is a thing we cannot ignore. 😥 And so far it’s experienced net outflows of $2.5 billion. ETHE has really put a damper on the Ethereum ETFs which have seen net outflows of $458.5 million since launch. (when ETHE is included in the equation) ETHE’s outflows can also only go on for so long… With Ethereum’s recent price performance, the fund has ~$4.9 billion in assets under management. It could be a while before net flows into the Ethereum ETFs turn positive… Show more
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nowwhat2
ETHERIUM AUGUST 3rd 2 days later.......Whump !..... 12 days later.....August 15th August 19th EXACTLY ! .
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