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Crypto_Agent21
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IntoTheBlock noted that the amount of ETH whales has been on the rise recently.
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Ethereum’s March upgrade, codenamed Shanghai, finally enabled stakers to withdraw their locked Ether.
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The mechanism now used to confirm transactions relies on validators staking their Ether (ETH).
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With its historic Merge event in September, Ethereum has become a proof-of-stake blockchain.
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Bitcoin (BTC) held its most recent gains into May 27 as traders called for a change in “bearish” market sentiment.
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BTC and ETH showed significant price hikes.
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