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AmirNadeem
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Bullish
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Eth to the moon
#ETHETFS
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$BTC A massive sell out is coming soon...
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Here’s The Number of Ethereum Holders in Profit as ETH Surges to $3.8K Author: Amir Nadeem Monday was an eventful trading day for ETH as the asset rallied 10% in 25 minutes, surging past $3,150 to $3,450. Ethereum’s (ETH) dramatic rally to the $3,700 price zone has put a substantial portion of the cryptocurrency’s holders in profit, boosting their investment returns significantly. According to a tweet by IntoTheBlock, 90% of market participants holding ETH are currently in profit, while the remaining 10% are at the money. No ETH holder is at a loss, at the time of writing. 90% of ETH Holders in Profit Monday was an eventful trading day for ETH as the asset rallied 10% in 25 minutes, surging past $3,150 to $3,450. At press time, the crypto asset had risen to $3,790, indicating a 22% increase in the past 24 hours. This significant uptick has put the majority of ETH holders in profit. Ethereum on-chain indicators witnessed similar dynamics roughly two months ago, shortly after the Dencun upgrade. However, the crypto asset saw a significant plunge at the time. ETH fell more than 11% within a week and settled at $3,500. Regardless, around 89% of the asset’s holders were in profit. This time, ether is rallying on news of the potential launch of spot Ethereum exchange-traded funds (ETF) in the United States, seeing its highest 24-hour move in a year. $ETH
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Ethereum Open Interest Reaches $14B High The post Ethereum Open Interest Reaches $14B High appeared first on Coinpedia Fintech News Ether futures open interest has hit a record high of $14 billion, signifying increased market activity. Interestingly, this rise in Ether open interest coincides with Ethereum’s price surge to $3,650, an increase of 18% in the last 24 hours. The increased chances of a possible Ethereum ETF approval have fueled this bullish outlook on Ethereum. Bloomberg ETF analysts have raised the chances of the agency’s approval from 25% to 75%. The first round of spot Ether ETF deadlines is approaching, with VanEck’s on May 23 and Ark Invest’s on May 24.$ETH #ETHETFS
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$GRT has demonstrated remarkable strength with its recent breakout, confirming primary support around $0.25. This confirmation positions it well to reach our next target of $0.47, expecting bullish momentum from $BTC . In the previous rally, we've observed a 460% profit. $GRT
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