Big news about Ethereum (ETH), a type of cryptocurrency! Recently, the total number of ETH has gone up, and fewer people are locking up their ETH for rewards. But don't worry, things might still look good for Ethereum.
- Lots of people who own ETH are holding onto it, even when the price goes down.
- Big companies and investors are buying more ETH.
- Fewer ETH are sitting in cryptocurrency trading places, meaning less selling pressure.
Fact | Number |
---|---|
Ethereum's current price | Around $2,600 |
Average price people bought ETH for | $2,200 |
ETH held by institutions | Hundreds of millions of dollars worth! |
Weekly inflow to ETH | $800 million |
Experts think ETH's price might stay the same for a while, but it still has a good chance to go up in the long run. It depends a lot on what happens to Bitcoin too!