The Mixin Kernel associated address will transfer 3600 ETH to the address starting with 0x077, and prepare to pledge ETH2
On November 17th, according to Scopescan monitoring, multiple wallet addresses related to Mixin Kernel, which had been dormant for a year, just transferred 3600 ETH (7.12 million US dollars) to an address starting with 0x077 and are preparing to stake ETH2.
ether.fi announced that it is open to all users
Liquidity collateral platform ether.fi announced that it is now open to all users, allowing them to mint eETH to receive ETH collateral rewards, ether.fi points, and EigenLayer points.
122nd Ethereum Core Developer Consensus Meeting: Discussing the launch of Devnet #12 next week
On November 17th, Galaxy Research Vice President Christine Kim summarized the 122nd Ethereum Core Developer Consensus (ACDC) conference call. The developers agreed to begin discussing the launch of Devnet #12 at the ACDE meeting next Thursday. They also discussed a proposal from Geth developer Péter Szilágyi to address concerns about the diversity of Execution Layer (EL) clients. The Consensus Layer (CL) client team is improving Blob propagation, which will significantly reduce the complexity and issues related to Blob propagation observed on the past 11 devnets. Most CL client teams plan to implement updates to the Deneb specification this week or next week.
Ethereum developers launch RIP-7560 native account abstraction proposal, aiming to introduce consensus layer protocol changes
Ethereum developer Alex Forshtat initiated the RIP-7560 native account abstraction proposal, aiming to introduce consensus layer protocol changes instead of relying solely on higher-level infrastructure. This proposal merges EIP-2938 and ERC-4337 to form a comprehensive native account abstraction proposal. The proposal suggests dividing Ethereum's transaction process into multiple steps, including validation, execution, and post-transaction logic. The validity of transactions will be determined by the results of the validation step. This means that the proposal aims to increase transaction transparency and effectiveness by introducing more levels of steps.
A giant whale once again spent 980,000 DAI to buy 500 ETH in the early morning
According to X user @ai_9684xtpa's monitoring, a whale with a 100% winning rate in November bought 11,522 ETH on November 15th. Early this morning, the whale spent 980,000 DAI to buy 500 ETH at an average cost of $1,960. This whale has now purchased a total of 12,022 ETH in this round.
Bitwise analyst: Financial advisors don’t know enough about Ethereum
Juan Leon, an analyst at cryptocurrency index fund management company Bitwise, believes that while many institutional investors have increased their understanding and acceptance of BTC as an investment asset, most still do not understand what makes Ethereum different. Leon says that even investors who can differentiate between the two currencies find it difficult to consider their position in an investment portfolio. Advisors find it helpful when we explain that BTC can be seen as a similar investment to gold, while ETH can be seen as a similar investment to high-growth tech stocks. As long as financial advisors understand Ethereum, they will see its advantages, and they will also begin to understand that BTC's main role is as a store of value, while ETH's role is as a smart contract platform, powering the most powerful "decentralized app store".
19,500 ETH transferred from unknown wallet to Gemini
19,500 ETH were transferred from an unknown wallet to Gemini, worth $38,417,260.
Ethereum briefly fell below $2,000, down 0.48% in 24 hours
On November 16th, according to OKX market data, Ethereum briefly fell below $2,000, now trading at $2,004, with a 24-hour drop of 0.48%.
A certain whale has accumulated 88,000 ETH through multiple addresses since October 28, 2022, worth US$180 million.
According to Lookonchain monitoring, since October 28, 2022, a certain whale has been hoarding 88,000 ETH (180 million US dollars) through multiple addresses.
A certain whale has accumulated 88,000 ETH through multiple addresses since October 28 last year, approximately US$180 million
As monitored and displayed by Lookonchain, shows that since October 28, 2022, a whale has accumulated 88,000 ETH (180 million USD) through multiple addresses.
18,568 ETH transferred to Coinbase, worth over $38.17 million
According to Whale Alert monitoring, at 14:21:47 Beijing time, 18,568 ETH (worth $38,174,804) was transferred from an unknown wallet to Coinbase.
Cathie Wood: Solana is faster and more cost-effective than ETH
Cathie Wood, CEO of ARK Invest, described Solana as a major infrastructure participant in the broader blockchain ecosystem, and added that it has been doing "very well" under recent market conditions. Cathie Wood said that ETH is faster and cheaper than BTC, which is why we get ETH. Solana is faster and more cost-effective than ETH.
Ethereum Layer 2 Networks Reach $13 Billion TVL Milestone Despite Challenges
Ethereum layer 2 networks have reached a significant milestone with a total value locked (TVL) of $13 billion within their contracts, as per L2Beat data. Despite challenges in user experience and security, the trend of increasing interest in layer 2s is expected to continue. There are currently 32 Ethereum layer 2 networks, including Arbitrum One, Optimism, Base, Polygon zkEVM, and Metis. While layer 2 networks have thrived due to successful marketing efforts and high yields, they still face challenges in terms of user experience and centralization. The competition from layer 2s is expected to push for improvements to layer 1s, resulting in higher throughput for the foundational layers. Additionally, the number of layer 2s is increasing, with OKX and Kraken rumored to be building their own.
A certain whale sold 6,099 ETH for $1,964 4 hours ago
According to Lookonchain monitoring, a certain whale sold 6,099 ETH for 12 million USDC at a price of $1,964 four hours ago. This whale had previously earned about $14.3 million by trading ETH. In addition, the whale escaped from the FTX/Alameda crash and timely withdrew ETH from FTX. Recently, the whale bought ETH before the price increase and earned about $8.3 million through ETH during this period. Currently, the whale holds 20,000 ETH with unrealized profits of about $6 million.
A giant whale sold 6,099 ETH at a price of $1,964 1 hour ago
As monitored by Twitter user Yu Jin, one hour ago, a whale (0x828) who focuses on ETH market broke through and sold 6,099 ETH for 11.97 million USDC at a price of $1,964. The whale currently holds 20,000 ETH ($39.39 million) with an average cost of $1,677, resulting in a profit of $5.92 million. Additionally, since September 29th, the whale has been continuously buying RLB and has spent $2.38 million to purchase 16.41 million RLB at an average price of $0.145. The current profit of the purchased RLB is $1.62 million (+68%).
A giant whale spent 22.8 million DAI to buy 11,522 ETH in the early morning
According to X user @ai_9684xtpa's monitoring, at 3:00 am this morning, ETH briefly fell to $1,949, and the whale with a 100% win rate in November started buying for the third time. The whale started building positions from the drop of ETH (02:44 in the morning), buying continuously for an hour, spending a total of 22.8 million DAI to buy 11,522 ETH, with an average cost of $1,978. Currently, the price of ETH has rebounded slightly and is now at $1,972.
FTX address moves approximately $4.9 million worth of tokens on Ethereum and BNB Chain
PaShield monitoring shows that a wallet labeled as FTX has transferred approximately $4.9 million worth of cryptocurrency on both Ethereum and BNB Chain. This includes:22,948.56 CAKE ($51,405.23)37,735,856.65 CHZ ($2,893,623.49)1,578,590.83 ENJ ($426,501.92)4,454,242.27 LRC ($997,090.72)76.23 PAXG ($148,138.43)475,111 USDT ($475,111)
A giant whale has spent a total of 1156.25 ETH to buy 95.06 million MEME since November 4th.
A whale bought 1682 MKR for $1.959 million in September and sold them for $1,451 in October, realizing a profit of $490,000 (+25%) as monitored by Twitter user Yu Jin. From November 4 until now, the whale has continued to buy MEME, having already spent 11,562.5 ETH ($2.25 million) to buy 95.06 million MEME at an average price of $0.0237. Currently, the whale's MEME has a floating profit of $1.08 million (+48%).
Salus Security Lianchuang: The privacy functions provided by ZKP can be applied to the Ethereum main network
A study by Salus Security co-founder Mirror Tang and his colleagues shows that the privacy function provided by zero-knowledge proofs (ZKP) can be applied to the Ethereum mainnet. Tang said the research indicates that if we can use computational optimization to incorporate ZKP technology into the Solidity compiler, we can significantly reduce the gas fees of Ethereum itself. As a result, transaction activity will be concentrated in the main network rather than scattered across different L2 ecosystems.
Boyaa Interactive, China’s largest card game company, plans to spend $90 million to buy Bitcoin and Ethereum
According to an announcement from the Hong Kong Stock Exchange, China's largest chess and card game company, Boyaa Interactive, will increase its holdings of cryptocurrencies. Currently, it is expected to purchase approximately $45 million worth of Bitcoin and $45 million worth of Ethereum, and will also spend up to $10 million to purchase USDT and USDC stablecoins.
