Sharplink Gaming’s Joseph Chalom says latecomers to the Ether treasury space may try to compensate, which will only present more risk.
Ether trades slightly above $4,300 as derivatives data reflect caution, but network growth and ETH treasury growth could change the trend.
The roughly $43-million Ether sale will be one of the latest actions by the foundation following the rollout of its treasury policy in June.
BitMine Immersion Technologies, the world’s largest corporate Ether holder, said it holds 1.87 million ETH — more than 1.5% of the total supply.
Hong Kong-listed Yunfeng Financial purchased $44 million of ETH to support its expansion into Web3, real-world assets and tokenized finance.
Whale inflows into Ethereum are getting bigger as investors take profits from Bitcoin and rotate capital into Ether, raising hopes of new all-time highs soon.
Kronos Research CEO Hank Huang tells Cointelegraph that crypto exploits often rise alongside crypto prices as hackers try to cash in on the boom.
Ethereum’s largest testnet, Holešky, will be sunset in the coming weeks after two years of rigorously testing Ethereum’s most important network upgrades.
Bitcoin bulls are trying to push the price back above $110,530, but bears continue to sell breakouts and the range highs. Will altcoins catch a bounce?
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