NFT whale Christian: He has deposited more than 500 ETH into Blast and has high hopes for its performance.
Co-founder of NDV Crypto Fund and NFT whale Christian2022.mid announced that he has deposited over 500 ETH into the Layer2 network Blast, founded by Pacman, at the invitation of another well-known NFT whale, dingaling. Christian expressed high hopes for Blast team's significant initiatives in the coming year.
Phantom’s new feature allows users to conduct cross-chain token exchanges between Ethereum and Solana
On November 21st, crypto wallet Phantom released a new cross-chain exchange that allows users to directly bridge tokens between Ethereum and Solana within Phantom. Users can choose any EVM token and bridge it to Solana while converting it to USDC. If SOL is needed to pay transaction fees, Refuel can be used to cross-chain and exchange a portion of the tokens for SOL so that users can immediately pay transaction fees after the cross-chain transfer.
SKL briefly broke through $0.05, with a 24-hour increase of 43.54%
On November 20th, according to OKX market information, the SKALE Network token SKL on the Ethereum sidechain briefly broke through $0.05, with a 24-hour increase of 43.54%.
XEN founder’s new project XONE tokens have all been minted
On November 20th, according to the official website, XEN founder Jack Levin's new project XONE token has been fully minted with a total supply of 500 million. Etherscan data shows that the XONE token contract address has consumed over 1.12 million US dollars (approximately 559 ETH) in GAS in the past 3 hours, accounting for 38.78% of the total GAS consumption on the network, ranking first in consumption.
LINK and wTAO rank at the top of the Smart Money 24-hour inflow list
According to Nansen 2 data, Smart Money's 24-hour fund inflow tracking list on the Ethereum network is as follows:
Affected by the launch of the XONE token, the founder of XEN's new project, Ethereum GAS soared to over 100 gwei in a short period of time
On November 20th, due to the launch of XONE token by Jack Levin, founder of XEN, GAS prices on the Ethereum network briefly surged to over 100 gwei. According to Etherscan data, the XONE token contract address 0x4DCDa...d6E4fE1c has consumed over $700,000 (approximately 350 ETH) in GAS in the past 3 hours, accounting for 24.19% of the total GAS consumption on the network and ranking first in consumption.
Bitcoin’s daily handling fees exceed those of Ethereum, with a single-day total of approximately 200.6 BTC
According to Tokenview's blockchain data monitoring, Bitcoin's daily transaction fees have surpassed Ethereum's. Currently, the total daily transaction fees for Bitcoin are about 200.6 BTC, with an average daily transaction fee of about 0.00027 BTC, or about $10. The total daily transaction fees for Ethereum are about 494.5 ETH, with an average daily transaction fee of about 0.0028 ETH, or about $5. In the past 24 hours, Bitcoin has had a total of 710,000 transactions, with a blockchain transaction volume of 542.41K BTC, a global hashrate of 469.12 EH/s, and a global difficulty of 64.68T.
ETHGlobal announces 10 finalists for Istanbul Hackathon
ETH officially announced the 10 final projects selected for the Istanbul Hackathon on the X platform. The projects include:
Bitcoin, Ethereum active supply both hit record lows
According to data from TheBlock, as reported by Jinse Finance, the active supply of Bitcoin and Ethereum in the past year has reached a historic low. Between March 2017 and 2018, more than 59% of Bitcoin's supply was active. However, in the past year, only 30.12% of Bitcoin's supply changed hands. Ethereum saw more than 86% of its supply change hands between July 2016 and 2017, but last year only 39.15% of its supply changed hands, also setting a historic low. For Bitcoin, the historic low in active supply is usually before the block issuance reward is halved, which is expected to happen in 155 days (April 24, 2020).
The 1inch team has made moves to acquire approximately $11 million worth of ETH
1inch team has taken action to acquire ETH worth about $11 million. The 1inch team's related wallet has transferred 5 million USDT and 5.9 million USDC to two liquidity positions, with the allocation amount ranging from $1,965 to $1,800. The purchase of $11 million will be completed when the price reaches the benchmark level of $1,800.
So far this month, average Bitcoin transaction fees have risen more than 1,000%, reaching a peak of $18.67
According to CryptoFees data, from November 16th to 18th, the daily average fee for Bitcoin was $10.65 million, exceeding Ethereum's average fee of $6.9 million during the same period. According to BitInfoCharts data, since the beginning of this month, the average transaction fee for Bitcoin has significantly increased, rising by more than 1,000%, and reaching a peak of $18.67 on November 16th. This surge reflects the market's optimism about the possible approval of a Bitcoin exchange-traded fund (ETF) in the United States. (Beincrypto)
One whale spent a total of 18 million USDC to purchase 9,131 ETH
According to Lookonchain monitoring, a whale specializing in short-term trading of ETH has started buying ETH. In the past 24 hours, the whale has spent a total of 18 million USDC at a price of 1,971 US dollars to purchase 9,131 ETH.
A large player in the ETH band spent 10 million USDC to buy 5,114 ETH
Based on monitoring by X user @ai_9684xtpa, an ETH big player spent 10 million USDC to buy 5114 ETH within 10 minutes, with an average purchase price of $1974, causing the ETH price to briefly rise from $1951 to $1968. The whale had previously sold 17,500 ETH at an average price of $1928 on November 17, earning approximately $5.92 million.
What Is Ethereum Sharding? A Beginner’s Guide
Read through this guide to learn what Ethereum sharding is and why it is important to help scale the Ethereum network.
Ethereum saw $320 million flow out of exchanges this week
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.
A giant whale deposited 7,324 ETH to Compound and loaned 9 million USDT to purchase ETH.
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.
The market value of eths exceeded US$100 million, and the unit price of the token reached 4.77 USDT
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.
A whale that was long on ETH through revolving lending sold 12,048 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.
Linea mainnet has bridged and transferred more than 150,000 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.
An ETH whale transferred 2,791 ETH to Binance half an hour ago
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.
