Cryptocurrency News

Smart money is accumulating ETH even as traders warn of a drop to $2.4K

05/01/2022

Less than a minute

2022.05.01 22:02

Smart money is accumulating ETH even as traders warn of a drop to $2.4K

The upcoming Ethereum merge is one of the most widely discussed topics in the crypto sector and analysts have a wide range of perspectives on how the transition to proof-of-stake (PoS could impact Ether’s (ETH) price.

A deeper dive into the ongoing accumulation of Ether by whale wallets was provided by cryptocurrency intelligence firm Jarvis Labs, which posted the following chart looking at the percentage change in whale wallet holdings versus ETH price.

05/01/2022

Less than a minute

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Bitcoin (BTC) $ 103,259.67 1.18%

Ethereum (ETH) $ 3,274.21 3.81%

XRP (XRP) $ 3.13 5.09%

Tether (USDT) $ 0.999766 0.03%

Solana (SOL) $ 238.96 11.05%

BNB (BNB) $ 701.25 2.68%

Dogecoin (DOGE) $ 0.398986 3.03%

USDC (USDC) $ 1.00 0.00%

Cardano (ADA) $ 1.07 4.21%

Lido Staked Ether (STETH) $ 3,265.66 4.08%

TRON (TRX) $ 0.241223 2.11%

Avalanche (AVAX) $ 39.07 5.39%

Chainlink (LINK) $ 24.23 0.34%

Sui (SUI) $ 4.68 2.71%

Stellar (XLM) $ 0.461205 4.99%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 102,999.60 1.29%

Wrapped stETH (WSTETH) $ 3,888.80 3.72%

hedera-hashgraph

Hedera (HBAR) $ 0.351063 6.34%

Shiba Inu (SHIB) $ 0.000023 5.83%

the-open-network

Toncoin (TON) $ 5.34 4.40%

Polkadot (DOT) $ 7.02 5.31%

WETH (WETH) $ 3,270.65 3.98%

Litecoin (LTC) $ 127.16 7.84%

Bitcoin Cash (BCH) $ 464.47 3.64%

LEO Token (LEO) $ 9.76 0.48%

Uniswap (UNI) $ 14.06 5.89%

Bitget Token (BGB) $ 6.91 1.73%

Pepe (PEPE) $ 0.000019 4.31%

Hyperliquid (HYPE) $ 21.44 10.61%

Wrapped eETH (WEETH) $ 3,456.55 3.88%

USDS (USDS) $ 1.00 0.07%

NEAR Protocol (NEAR) $ 5.41 2.31%

Ethena USDe (USDE) $ 1.00 0.13%

Aptos (APT) $ 9.18 4.67%

internet-computer

Internet Computer (ICP) $ 10.68 5.60%

Aave (AAVE) $ 312.40 4.36%

VeChain (VET) $ 0.052201 5.96%

Ethereum Classic (ETC) $ 26.87 3.76%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.476406 6.84%

Monero (XMR) $ 217.27 1.77%

Render (RENDER) $ 7.48 4.84%

crypto-com-chain

Cronos (CRO) $ 0.137998 5.75%

Algorand (ALGO) $ 0.445683 6.94%

Bittensor (TAO) $ 449.13 3.36%

Kaspa (KAS) $ 0.143426 3.86%

Official Trump (TRUMP) $ 18.74 336.63%

Dai (DAI) $ 1.00 0.00%

Mantle (MNT) $ 1.06 7.03%

MANTRA (OM) $ 3.69 2.92%

Artificial Superintelligence Alliance (FET) $ 1.32 4.77%