According to blockchain analysis company IntoTheBlock, there has been a significant outflow of funds from ETH exchanges in recent weeks. This week, Ethereum's outflow of transactions amounted to $320 million, with outflows exceeding $1 billion in the past three weeks. Exchange fund outflows often indicate that investors are moving funds from centralized exchanges to private wallets.

Lookonchain monitoring shows that a whale who previously went long on ETH has once again gone long on ETH. The whale withdrew 7,324 ETH (worth $14.3 million) from Binance, deposited it into Compound, and borrowed 9 million USDT. Afterwards, the whale deposited the 9 million USDT into Binance to purchase more ETH.

According to Ethscription trading market Etch data, the market value of eths has surpassed 100 million US dollars, with a token price of 4.77 USDT and a floor price of 2.469 ETH.

According to Lookonchain monitoring, a whale that was long on ETH has just sold 12,048 ETH ($23.4 million) to repay debt and earn over $2 million. On October 23, the whale purchased 12,047 ETH ($21.3 million) from Binance at a price of around $1,768. The whale was able to go long on ETH by storing ETH in Aave & Compound and borrowing USDT to buy more ETH.

Golden Finance reported that according to Dune data, the Linea mainnet has bridged and transferred 156,360 ETH, with a transaction volume of 631,955 and 381,090 interacting addresses.

According to X user @ai_9684xtpa's monitoring, ETH whale 0xb82...4901F transferred 2791 ETH to Binance half an hour ago at an average price of $1947. If sold, it would earn a profit of $520,000. This whale transferred a total of 19519 ETH from Binance on August 9, 2023 and October 24, 2023, worth $34.36 million at the time, with an average cost of $1760.

According to Yu Jin monitoring, the main ETH market whale sold a total of 17,500 ETH last night, leaving 2,500 ETH. The operation for this round is as follows:

IntoTheBlock shows that over the past three weeks, Rocket Pool's rETH has accounted for more than half of the LSD (liquidity derivatives staking) trading volume. Despite Lido's total locked value (TVL) being eight times that of Rocket Pool, rETH has driven $28.8 million worth of trading in the past 21 days, surpassing stETH's $6.7 million. The data also shows that activity around Frax's FRXETH and SFRXETH tokens is increasing, while Coinbase's cbETH token dominance has dropped significantly from its mid-year high.

As monitored by Lookonchain, a certain whale deposited 19,304 ETH, worth about $37.16 million, into Binance 20 minutes ago.

According to Lookonchain monitoring, 10 minutes ago, the main ETH market broke through the 0x828 whale address again, selling 7,500 ETH for 14.41 million USDC, with an average selling price of $1,921. It currently still holds 2,500 ETH.

The address (0x828) that focuses on ETH breaking through the market, as monitored by Yu Jin, is currently selling ETH. They have sold 10,000 ETH and exchanged it for 19.33 million USDC at an average selling price of $1933. They still hold 10,000 ETH (worth $19.33 million).

According to on-chain data analyst Ai @ai_9684xtpa, the Ethereum Foundation Grant Provider address transferred 1065 ETH worth $2.1 million to a multi-signature address an hour ago, as reported by DeepChain TechFlow.It is speculated that this transfer is likely to be used for ecological funding (perhaps related to the upcoming 19th round of Gitcoin Grants).

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.

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.

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 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.

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.

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 were transferred from an unknown wallet to Gemini, worth $38,417,260.

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%.