In 2016, the whale address that built a large-scale ETH position transferred 8,600 ETH to Coinbase.
According to the blockchain data analyst @ai_9684xtpa, a whale/institutional address that massively built up ETH in 2016 transferred 8,600 ETH (about $21.36 million) to Coinbase 20 minutes ago. If all were sold, it would earn a profit of $21.25 million. It is reported that the address transferred 172,707 ETH from Poloniex seven years ago (July-August 2016), with an average cost of $12.83. Before the transfer, it still held 47,017 tokens, with a total profit of $116 million. Since 2024, the address has accumulated 13,200 ETH worth $31.47 million by depositing to Coinbase.
$370 million in funds moved from Ethereum to other blockchains in the past month, with nearly 90% going to Sui and Solana
According to data from the Wormhole protocol, a total of $370 million in liquidity has been transferred from Ethereum to other blockchains in the past month, with nearly 90% going to Sui and Solana. Dan Reecer, the head of operations for Wormhole, believes that the outflow of funds may be driven by memecoins and airdrop speculation. Multiple Solana DeFi protocols, including Kamino, MarginFi, Parcl, and Solend, have announced their own reward systems. In addition, the incentive program within Sui's ecosystem has "driven a lot of DeFi activity," which may also explain some of the outflow of funds.
ETH breaks $2,500
OKX-ETH/USDT is currently trading at $2499.47, with a 24-hour decrease of 0.74%.
A certain whale transferred 33,602 ETH to Binance through 3 multi-signature addresses half an hour ago
According to on-chain analyst Yu Jin, on January 19th, a whale/institution transferred 33,602 ETH ($83.09 million) to Binance through 3 multi-signature addresses half an hour ago. These ETH were recently redeemed from ETH PoS staking. In addition, these 3 multi-signature addresses still hold 111,733 ETH ($276 million) in the ETH PoS staking contract.
Ethereum network gas fee drops to 21 gwei
According to Etherscan data, the current gas fee on the Ethereum network has dropped to 21 gwei.
What do I think about network states?
On July 4, Balaji Srinivasan released the first version of his long-awaited new book describing his vision for "network states": communities organized around a particular vision of how to run their own society that start off as online clubs, but then build up more and more of a presence over time and eventually become large enough to seek political autonomy or even diplomatic recognition.
Dencun Upgrade Overview
This is the first article of a series of educational posts regarding all things Dencun, EIP4844 and lower tx fees on Ethereum L2s.Here, we will discuss the Dencun Upgrade at a high level, explaining all the changes it’ll bring to Ethereum, both on its Execution Layer and its Consensus Layer.
The Ethereum Foundation Grant Provider address transfers 100 ETH to the associated address, sells it for 250,000 DAI and transfers it back to the foundation address
According to on-chain analyst @ai_9684xtpa's monitoring data, 5 minutes ago, the Ethereum Foundation Grant Provider address transferred 100 ETH to the associated address 0xd77...6c1f4, and immediately sold it for 250,000 DAI and transferred it back to the Foundation address.
About US$1.6 billion of pledged ETH was redeemed last week, the largest amount since Shanghai’s upgrade
Data released by 21.co on-chain data and research analyst Tom Wan showed that last week saw the largest-scale ETH redemption since the Shanghai upgrade, with 656,200 ETH (approximately $1.6 billion) being redeemed, with 85% of redemptions led by Figment and Celsius.
Based Rollups can reward Proposers first come first serve
Based rollups don’t need a complicated auctioning system to reward proposers if they are willing to sacrifice L2 MEV rewards
The Ethereum Foundation transferred 1,333 ETH, or used it for ecological funding
According to @ai_9684xtpa monitoring, the Ethereum Foundation transferred 1333 ETH worth 3.39 million US dollars to 5 addresses half an hour ago, which may be used for ecological funding.
In 2024, Crypto Summer Is Coming, and This One Will Be Different
Expect greater stability on Ethereum, the convergence of CBDCs and stablecoins, and progress on industrial applications of blockchain tech, says EY’s Paul Brody.
14699 ETH transferred from unknown wallet to Coinbase
According to Whale Alert monitoring, 14,699 ETH (about $37,580,713) was transferred from an unknown wallet to Coinbase.
cVault Finance deployer sold 12,000 ETH 8 hours ago, making $16 million profit
According to the analysis by on-chain analyst Yu Jin, cVault Finance's deploying address obtained 17,040 ETH through the initial allocation of project token CORE in 2020; From April to September 2021, these ETH were sold at a price of $2,718 and exchanged for 46.31 million DAI; In November to December 2022, 20 million DAI was used to buy 16,227 ETH at an average price of $1,232 at the market bottom; 8 hours ago, 12,000 ETH (worth 30.8 million US dollars) were sold at an average price of $2,568, earning a profit of 16 million US dollars.
ETH breaks through $2,700
The market shows ETH breaking through $2,700, currently reporting at $2,700.57, with a daily increase of 1.37%. The market is volatile, please be cautious of risks.
10,000 ETH transferred from unknown wallet to Binance
Whale Alert monitoring data shows that at 15:50:47 Beijing time today, 10,000 ETH (worth $25,944,175) was transferred from an unknown wallet to Binance.
Ethereum briefly fell below $2,600, with 24-hour gains narrowing to 7%
According to OKX market data on January 11th, Ethereum briefly fell below $2,600 and is currently priced at $2,605 with a 24-hour gain narrowing to 7%.
Social Flex #3 — Options
Currently Ethereum is a censorship resistant, credibly neutral state execution machine. It processes transactions according to predefined rules that allow anyone to write smart contracts, or more simply escrow accounts with programmatic rules and state changes. With this capability though, one can write malicious contracts.
On Trust Minimization and Horizontal Scaling
Ethereum is a permissionless world computer that possesses (arguably) the highest amount of economic security at the time of writing, acting as the settlement ledger for a vast number of assets, applications, and services. Ethereum does have its limitations – blockspace is a scarce and expensive resource on Ethereum layer one (L1). Layer two (L2) scaling has been seen as the solution to this problem, with numerous projects coming to market in recent years, mostly in the form of rollups. However, rollups, in the strict sense of the term (meaning rollup data is on Ethereum L1), does not allow Ethereum to scale indefinitely, only allowing up to few thousands of transactions per second.
The Ethereum Foundation address transferred 1,000ETH 2 hours ago
According to on-chain analyst Yu Jin's monitoring, 2 hours ago, the Ethereum Foundation address (0xde0) transferred 1,000 ETH ($2.38 million) to the 0x4e6 address. The 0x4e6 address is mainly used for the distribution of funds sponsored by the Ethereum Foundation. Since May 2021, this address has received and distributed a total of 40,900 ETH from the Ethereum Foundation.
