LATEST: 📊 Ethereum futures trading has overtaken Bitcoin on the CME for the first time ever, fueling speculation that ETH may be heading toward a super cycle driven by rising adoption and increased volatility.
BREAKING : Fusaka upgrade in 7 days.
-> L2s will start burning $eth
Coinbase's base will burn $eth,
Robinhood's L2 will burn $eth,
OpenAI's worlchain will burn $eth,
Sony's soneium will burn $eth,
Alibaba's jovay will burn $eth,
UAE's ADI chain burn $eth,
Kraken's ink will burn $eth,
Lighter will burn $eth,
Duetche Bank's memento chain will burn $eth,
Arbitrum will burn $eth
Etc etc etc.
Corporations will start burning $eth.
Bullish Ethereum layer 2s, bullish $eth. Every company in the world will launch their own layer 2. Every alt-L1 will become L2 and start burning $eth. $eth inflation will shrink.
December 3, tik-tok.
The ticker is ETH.
Yes, based on blockchain tracking from Arkham Intelligence and reports from CoinDesk, Yahoo Finance, and The Block, a Satoshi-era whale recently sold about $1.3B in BTC (from dormant holdings) and bought roughly $1.3B in ETH via exchanges like Binance. Transactions align with the images shared.
Absolutely insane!
This #66kETHBorrow Whale just bought another 30,548 $ETH($105.36M) in the past hour.
Since Nov 4, he's bought a total of 385,718 $ETH($1.33B), of which $270M of the funds used to buy $ETH were borrowed from Aave.
Address:
0x85e05C10dB73499fbDeCAb0dfbB794a446feEeC8
0x6e9e81EfCC4CBff68eD04c4a90AeA33cB22c8c89
0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c
0xFaf1358Fe6a9FA29A169Dfc272B14E709f54840f
🚨BREAKING: BIT Capital, led by Jan Beckers, just bought 2,056,708 BitMine $BMNR shares worth $106.8M. 🔥
One of Europe’s top tech funds just positioned big on Ethereum $ETH.
Things that have happened since ETH was at $4600:
- Ethereum L1 and L2 transaction volume continues setting all-time high
- JPM will accept ETH as collateral by the end of the year
- The SEC approved ETFs to stake ETH
- Tokenized gold reached all-time high on Ethereum
- Fidelity launched a $200M tokenized fund on Ethereum
The fundamentals haven’t changed. 1 ETH is still 1 ETH.
With early adoption, comes volatility.
Sharplink isn’t here for the quarter. We’re building for the long haul.
The asset is $ETH, the ticker is $SBET.
Vivek Raman (@VivekVentures) explains why ETH DATs don't need price appreciation.
"You don't need ETH price to go up for the DATs to start to accrue value. They can actually make earnings."
"With ETH you can stake, do low risk activity. When Wall Street sees that, it's gonna click."