Ethereum (ETH) — Onchain News & Whale Tracking

In the past 24 hours, there has been a total of $421 million in liquidations across the network, with Ethereum leading the way at $156 million.

On May 11th, based on Coinglass data, within the past 24 hours, the total amount of liquidated positions across the entire network reached $421 million. The majority of these were short liquidations, amounting to $271 million. Regarding the liquidated assets, Ethereum took the lead in the network with $156 million in liquidations, outperforming Bitcoin. The short positions of Ethereum were liquidated at $98.525 million.

Ethereum Ecosystem Tokens See Across-the-Board Price Increase, ETH Futures Index Surges Over 40%

On May 11th, according to market data, as Ethereum broke through $2600 this morning, the tokens in its ecosystem witnessed a general rise. These include: ETHFI, which saw a daily increase of 40.78% and is currently priced at $1.098; ARB, with a daily increase of 24.2% and currently priced at $0.4695; UNI, which had a daily increase of 12.4% and is currently priced at $7.29; and ENA, with a daily increase of 12.7% and currently priced at $0.4125.

Ethereum Surges Above $2600 This Morning, Up Over 38% This Week

On May 11th, according to HTX market data, Ethereum broke through $2600 this morning. It is currently trading at $2533.33, with a weekly increase of more than 38%.

Opinion: Ethereum Will Surpass Bitcoin

On May 10th, Nick Tomaino, the founder of 1confirmation, posted on X and said, "Ethereum will surpass Bitcoin (ETH will surpass BTC). Bitcoin is the first cryptocurrency created by the people and for the people. Driven by the grassroots spirit and a bottom-up belief, it has grown from nothing to an asset with a market capitalization exceeding 2 trillion dollars. The concept of a store of value based on trust in mathematics rather than trust in people has changed the world. But today, Bitcoin has become the preferred institutional asset of big companies and governments. One entity holds more than 2.5% of Bitcoin. There are no practical applications built on Bitcoin to attract newcomers. In addition to a store of value, Bitcoin lacks other use cases to expand the market. Ethereum is a trust-neutral, internet-native store of value asset that powers a development platform including stablecoins, decentralized finance (DeFi), NFTs, prediction markets, decentralized social, decentralized iden

High-Stakes Ethereum Whale Reduces Half of Position, Potentially Facing $7.33 Million Loss

On May 10th, according to the monitoring of ai_9684xtpa, the whale address 0x8f9...f55A0 accumulated 15,332 ETH (approximately $51.7 million) at the peak of Ethereum four months ago. Subsequently, half of it was deposited into StakeStone. Just an hour ago, they withdrew all 7665 ETH and deposited it into a trading platform. If sold, they may face a potential loss of $7.33 million.

Prediction: If Bitcoin breaks above $300,000 in this market cycle, Ethereum could potentially rise to $10,000

On May 10th, the Trend Research under LD Capital released its most recent research report. It stated that Ethereum is considered to have a long-term breakthrough above $5000. Under an optimistic situation, if Bitcoin breaks through $300,000 in this cycle, Ethereum is expected to rise to $10,000. Ethereum still maintains robust financial data, and its status as the most important infrastructure for crypto finance remains unchanged. Ethereum's DeFi total TVL is approximately $600 billion, accounting for more than 53% of the global DeFi market. The stablecoin market capitalization is $1.24 trillion, representing more than 50% of the global stablecoin market capitalization. Ethereum's total ETF AUM is $7.2 billion. BlackRock's tokenized currency market fund BUIDL has an investment of around $2.7 billion in the Ethereum ecosystem, accounting for 92% of its total assets. Based on the following potential factors, it is predicted that Ethereum's price will reach $5000 in this cycle: - The u

Ethereum Network Meme Coin RATO Market Cap Surpasses $22 Million

This week, the US Ethereum spot ETF saw a net outflow of $38.2 million

On May 10th, based on farside data, this week the net outflow of the US Ethereum spot ETF was $38.2 million. It includes: a net outflow of $37.2 million for FETH; a net outflow of $4.2 million for ETHA; and a net inflow of $3.2 million for Grayscale ETH.

Ethereum Surges Above $2400

On May 10th, according to HTX market data, Ethereum has risen above $2400 and is currently trading at $2401.

Ethereum-Based New Meme Coin RATO Surpasses $15 Million Market Cap

On May 10th, based on GNGN market data, the new Meme coin RATO on Ethereum has a market capitalization exceeding $15 million. It is currently at $15.56 million, with a 24-hour surge of more than 2700% and a 24-hour trading volume of $11.2 million. BlockBeats Note: Meme coins are highly volatile and rely heavily on market sentiment and hype rather than having actual value or use cases. Investors should be aware of the risks.

Yesterday the US Ethereum Spot ETF saw a net inflow of $17.6 million

On May 10th, as monitored by Farside Investors, yesterday the net inflow of the US Ethereum spot ETF was $17.6 million. Only the BlackRock ETHA witnessed net inflows, while the net inflow/outflow for other ETFs was 0.

New Meme Coin RATO Surpasses $10 Million Market Cap on Ethereum Temporarily

On May 10th, according to the GNGN market data, the market value of the new Meme coin RATO on Ethereum briefly exceeded 10 million US dollars. Currently, it stands at 9.04 million US dollars. It has seen a 24-hour surge of over 2000% and a 24-hour trading volume of 5.3 million US dollars. BlockBeats Note: Meme coins show significant price volatility, often driven by market sentiment and hype around concepts and lacking actual value or use case. Investors should be aware of the risks.

A certain Ethereum ICO participant's address deposited 1900 ETH into Kraken 3 hours ago

On May 10th, as monitored by LookOnChain, 3 hours ago, a whale address which participated in an Ethereum Initial Coin Offering (ICO) and received 76,000 ETH deposited the remaining 1,900 ETH (valued at $4.44 million) into Kraken.

Optimism: Isthmus Hard Fork Activated, Introducing Ethereum Pectra Upgrade with Superchain

On May 10th, Optimism made an announcement today stating that the Isthmus hard fork has been successfully activated. This has brought the key features of the Ethereum Pectra upgrade to the OP Stack and Superchain. This upgrade took place just two days after the launch of Pectra on the Ethereum mainnet. Superchain is the first L2 ecosystem to support the Pectra upgrade. The upgrade encompasses several OP Stack chains such as Base, Ink, OP Mainnet, Soneium, Unichain, and others.

Solana Co-Founder: Solana v2.2 Delivers 20% Increase in Compute Capacity, Equivalent to Adding 5 Ethereum Pectra Upgrades' Worth of Capacity to the Network

On May 9th, Anatoly Yakovenko, a co-founder of Solana, posted and stated that the compute capacity in Solana v2.2 has seen a 20% increase. This is equivalent to adding the capacity of 5 Ethereum Pectra upgrades to the network.

Ethereum Drops Below $2300

On May 9th, based on HTX market data, Ethereum has fallen below $2300, showing a 24-hour change of 15.12%.

Ethereum Weekly Gains Approaching 30%, Poised for Best Single-Week Performance in 4 Years

On May 9th, according to market data, Ethereum has witnessed a weekly increase of 27.93% this week and is likely to achieve its largest weekly gain since 2021. Looking back at Ethereum's recent performance, it previously reached a 32.4% gain in a week on May 3, 2021. Additionally, in November of last year, Ethereum also saw a weekly gain of 31.38%.

Ethereum Plunges 4%, Briefly Dips Below $2,300

On May 9th, based on HXT market data, Ethereum experienced a sharp 4% decline. It briefly dropped below $2,300 and is currently priced at $2,312.

Ethereum Surges Past $2400, 24-hour Gain Reaches 17.1%

On May 9th, based on HTX market data, Ethereum has exceeded $2,400 and is currently trading at $2,405, showing a 24-hour percentage increase of 17.1%.

Ethereum Mainnet Gas Price Surges Temporary Above 20 Gwei

On May 9th, based on Etherscan data, the gas fee on the Ethereum network has risen to 20.147 Gwei.

The total Ethereum contract holding on-chain exceeds 12 million ETH, reaching a new all-time high in terms of coin holdings.

On May 9th, according to Coinglass data, the current total holding of Ethereum contracts has exceeded 12 million ETH. This is equivalent to approximately 27.6 billion US dollars and has reached a new all-time high in terms of coin holding.

Ethereum Continues Uptrend, Reaches $2300, Coin Price Hits Nearly Two-Month High

On May 9th, based on HTX market data, Ethereum briefly reached $2300. It is currently trading at $2297.35, with a 24-hour percentage change of 12.12%.

Ethereum Infrastructure Project Soars, UNI Sees 22% Daily Gain

On May 9th, according to market data, Ethereum ecosystem infrastructure projects witnessed a general upward trend. These include: UNI increased by 22.2% in a single day and is currently trading at $6.27; ENA rose by 22.1% in a single day and is now trading at $0.36; LDO surged by 17.4% in a single day and is currently trading at $0.9823; STRK increased by 16.1% in a single day and is now trading at $0.1585.

Yesterday, the US Ethereum Spot ETF saw a net outflow of $16.1 million

On May 9th, according to data from Farside Investors, yesterday the US Ethereum spot ETF experienced a net outflow of $16.1 million, indicating the third consecutive day of net outflows. This includes: - A net outflow of $19.3 million from Fidelity FETH; - A net inflow of $3.2 million from Grayscale ETH.

An Ethereum ICO participant has deposited 4200 ETH into Kraken.

On May 9th, as monitored by OnChain lens, a particular Ethereum ICO participant has just made a deposit of 4,200 ETH into Kraken, with a value of $9.24 million. The whale address still retains 4,100 ETH, which is worth $9 million.

Ethereum Surges Over 20% in a Single Day, Approaching the Strength of the Early 2021 Rally

On May 9th, according to HTX market data, ETH broke through $2200 earlier today. It is currently trading at $2201, with a 24-hour price increase of 21.4%, outperforming the majority of altcoins in terms of growth. It is worth noting that as of the morning close at 8 o'clock today, the daily candle of Ethereum showed a 21.8% increase. This marks the first time such a price surge has occurred since January 3, 2021.

Ethereum Sidechain SKALE Introduces BITE Protocol to Mitigate MEV Attacks

On May 9th, according to TheBlock, Ethereum's scaling solution SKALE has launched a consensus-level transaction privacy solution named the BITE protocol. The purpose of this is to eliminate Maximum Extractable Value (MEV) attacks. The BITE protocol will encrypt transaction data, thereby preventing validators and MEV attackers from engaging in front-running, sandwich trading, or censoring transactions for their own gain, in an effort to safeguard user interests.

Alongside Ethereum Reclaiming $2000, Altcoin Market Sees Significant Rebound

On May 8th, according to HTX market information, with Ethereum recovering above $2000, the altcoin market has witnessed a significant rebound. These include: - PENGU is currently trading at $0.0138, with a 24-hour increase of 29.9%. - IO is currently trading at $0.912, having a 24-hour increase of 27.23%. - EIGEN is currently trading at $0.946, showing a 24-hour increase of 24.3%. - VIRTUAL is currently trading at $1.66, with a 24-hour increase of 23.5%. - ETHFI is currently trading at $0.628, having a 24-hour increase of 22.1%. - SHELL is currently trading at $0.211, with a 24-hour increase of 17.8%.

Ethereum Surpasses $2000

On May 8th, based on HTX market data, Ethereum has exceeded $2,000, with a 24-hour growth rate of 10.52%.

SlowMist Issues Security Advisory for Potential New Risks After Ethereum Pectra Upgrade

On May 8th, the cybersecurity firm SlowMist published a post regarding the potential new risks brought about by the Ethereum Pectra upgrade: For users: The protection of private keys should always be a top priority. Be aware that the contract code at the same address on different chains may not always be the same. Before taking any action, understand the detailed information of the delegated target. For wallet providers: Check if the delegated chain matches the current network. Remind users to be cautious of the risk associated with using a delegation signature with chainID 0, as this signature may be replayed on a different chain. Display the target contract when users sign a delegation to reduce the risk of phishing attacks. For developers: Ensure to perform permission checks during wallet initialization (for example, verifying the signature address via ecrecover). Follow the namespace formula proposed in ERC-7201 to mitigate storage collisions. Do not assume that tx.origin is alw

Analysis: Compared to Bitcoin, Ethereum may currently be severely undervalued

On May 8th, CryptoQuant stated in a post that the ETH/BTC MVRV data indicates that ETH is currently extremely undervalued when compared to BTC, marking the first occurrence since 2019. Historically, such a situation has often led to Ethereum outperforming Bitcoin. Nevertheless, supply pressure, weak demand, and subdued activity may prevent a rebound. The MVRV (Market Value to Realized Value) ratio is an indicator that measures an asset's market value against its "realized value" (generally based on holders' average cost). The ETH/BTC MVRV represents the ratio of Ethereum's market value to realized value in relation to Bitcoin. As depicted in the analysis chart, when the ETH/BTC MVRV drops to the undervalued zone (for example, in 2019), Ethereum has subsequently frequently shown strong performance compared to Bitcoin (price increase). Currently (2025), the ETH/BTC MVRV has once again dropped to the undervalued zone (around 0.4), suggesting that Ethereum may be undervalued relative to

Ethereum Developers Propose Governance Optimization, with Focus on Enhancing Hard Fork "Flagship Feature" Selection

May 8th: Tim Beiko, an Ethereum core developer, put forward an improvement in the Ethereum governance process, with a focus on optimizing the selection of the "Headliner" hard fork feature. The proposal encompasses: clarifying the fork focus, limiting one headliner feature per upgrade, adopting a "barbell" strategy to enhance community feedback, formalizing working groups, and documenting the governance process. This is intended to enhance transparency and the legitimacy of decisions while maintaining Ethereum's community-driven nature.

Yesterday, the US Ethereum Spot ETF saw a net outflow of $21.8 million

On May 8th, as monitored by Farside Investors, yesterday in the US, the Ethereum spot ETF witnessed a net outflow of $21.8 million, and all of it came from the iShares ETHA.

Ethereum Surges Past $1900, with a 24-hour Gain of 4.54%

On May 8th, based on HTX market data, Ethereum has breached $1900 and is currently trading at $1902.3, showing a 24-hour price change of 4.54%.

Ethereum Ecosystem Meme Coin MOG Market Cap Surpasses $350 Million, with a 24-hour Price Increase of Over 38%

On May 8th, based on HTX market data, the market capitalization of the meme coin MOG in the Ethereum ecosystem has exceeded 3.5 billion US dollars, and it has a 24-hour price increase of 38.9%.

Analysis: Ethereum Faces Strong Resistance Near $1860

On May 8th, according to analyst @ali_charts, Ethereum is encountering strong resistance at $1860. The reason for this is that at this price level, there are 4.54 million wallets holding 5.58 million ETH.

Linea: Assets transferred from Ethereum to Linea will be exempt from Gas fees

On May 8th, Linea tweeted that users who transfer cross-chain assets from Ethereum to Linea will be exempt from Gas fees. Nevertheless, the following limitations exist: it is only applicable to L1 to L2 transactions, covering transactions with a Gas value of less than 250,000. USDC cross-chain is excluded. Additionally, users still need to pay Gas fees for L1 transactions.

OKX Wallet now supports the latest Ethereum Account Abstraction EIP-7702.

May 8th. As per official channels, OKX Wallet has declared its support for the most recent Ethereum account abstraction standard, EIP-7702. Commencing from today, users are able to upgrade their traditional Ethereum EOA accounts to smart contract accounts. This enables seamless connection with the latest DApps and protocols while still maintaining compatibility with the current Ethereum standard. It is reported that EIP-7702 is a crucial Ethereum Improvement Proposal that bestows EOA addresses with the capacity to temporarily execute smart contract code. This blurs the boundary between traditional accounts and smart contract accounts, bringing a significant leap in account abstraction.

Ethereum Foundation Co-Executive Director Establishes Venture Capital Firm Lantern Capital, Focused on AI and Blockchain

On May 7th, Tomasz Stańczak, the co-executive director of the Ethereum Foundation, announced the establishment of an early-stage venture capital firm called Lantern Capital in partnership with G?khan and Nethermind. Lantern Capital will act on behalf of Nethermind and join as a venture capital general partner on the investment committee. Lantern Capital will provide support to founders in creating the next wave of applications and experiences that enable AI systems to interact effectively with the blockchain. The emphasis is on achieving secure and verifiable coordination, including improving the Agent Experience (AX) and ensuring that the underlying infrastructure can stably support these more dynamic use cases. Ethereum remains at the core of this vision.

Binance Wallet Contract Consumed 46.71 ETH in Gas Fees in Nearly Three Hours, Ranking Top in Ethereum Gas Fee Consumption

On May 7th, due to the "Binance Airdrop of Ethereum-based Token Obol (OBOL) to Eligible Users", the Binance Wallet contract has consumed 46.71 ETH within the past three hours, which is approximately $859,000 and ranks first in Ethereum Gas Fee consumption.
BlockBeats reported previously that, according to Etherscan data, the Ethereum network Gas fees briefly rose to 13.5 Gwei.

Ethereum Gas Fee Increase, Now at 13.5 Gwei

On July 5th (as per Etherscan data), the Gas fee on the Ethereum network has surged to 13.5 Gwei.

Ethereum Mainnet has activated the Pectra Upgrade

On July 5th, the Ethereum mainnet activated the Pectra upgrade at the scheduled Epoch 364032. The Ethereum Pectra upgrade is another significant hard fork following the 2022 Merge and the 2024 Dencun upgrade. It combines improvements at the execution layer (Prague) and the consensus layer (Electra), aiming to enhance network scalability, security, efficiency, and user experience.

「Ethereum ICO Ancient Whale」 Transfers Another 2700 ETH to CEX, Worth $4.96 Million

On July 7th, according to the monitoring of ai_9684xtpa, the "2015 ICO 76,000 ETH Whale" transferred another 2,700 ETH to a CEX 25 minutes ago, which is worth $4.96 million. One hour ago, the whale deposited 2,500 ETH into Kraken, with a value of $4.59 million. Over the past week, it is reported that this ancient whale has sold 18,700 ETH, with a total value of up to $34.11 million, and the average deposit price is $1,824.

Tiger Brokers International (Hong Kong) Launches Bitcoin, Ethereum, USDT Deposit Service

On July 5th, Futu Securities International (Hong Kong) Limited declared the formal initiation of Bitcoin, Ethereum, and USDT deposit services. Qualified investors are able to complete deposits and cryptocurrency trading through the one-stop trading platform Futubull. It supports investments in traditional financial assets such as Hong Kong, US, and Japanese stocks, options, ETFs, funds, bonds, and other diversified assets, enabling quick conversions between virtual and traditional asset markets. Previously, BlockBeats reported that according to crypto KOL @_FORAB, "Futu Securities is conducting internal tests on the token deposit function and is expected to make an official announcement in the next few days. The function is relatively simple, just adding a cryptocurrency section to the existing comprehensive account."

「$1800 Ethereum Price Ceiling Short Whale」 Forced Liquidation, $430,000 Loss

On May 7th, according to EmberCN's monitoring, the "whale that recently shorted ETH at $1800 multiple times" repurchased ETH within the past half hour to close the position for repayment. In this short selling of 10,000 ETH, it lost $430,000. The whale shorted 10,000 ETH at an average price of $1791 on May 1st. After holding the position for a week, it repurchased ETH at an average price of $1834 for repayment and to close the short.

Ethereum ICO Whale Deposits 25,000 ETH to Kraken, Worth $4.59M

On July 7th, according to the monitoring of ai_9684xtpa, three days later, the "2015 ICO 76,000 ETH Whale" recharged an additional 2,500 ETH to Kraken 15 minutes ago, with a value of $4.59 million, suspected of being in the process of selling off. It still holds 11,000 ETH, which is worth $20.2 million, and its cost basis is as low as $0.31.

Matrixport: Ethereum Takes Key Step Towards Upgrade with Pectra

On May 7th, Matrixport presented a market commentary regarding the Ethereum Pectra upgrade. "Ethereum co-founder Vitalik Buterin recently indicated that Ethereum is set to move in a more concise and robust direction, drawing inspiration from Bitcoin's minimalist design philosophy in the core protocol. Vitalik advocates for simplifying the key code of the consensus layer and enhancing the network's scalability through mature zero-knowledge proof (ZK) and Optimistic Rollup technologies." "The upcoming Pectra upgrade on May 7th integrates the 'Prague' and 'Electra' upgrade proposals and incorporates 11 Ethereum Improvement Proposals (EIPs). It focuses on improving the network's scalability, security, and user experience. Key upgrades involve introducing an account abstraction mechanism (EIP-7702), increasing the validator cap (EIP-7251), and doubling the data block ('Blob') throughput (EIP-7691) to reduce transaction costs on Layer 2. Although there were some initial issues during the te

OKX: To support the Ethereum mainnet upgrade, deposits and withdrawals for several network-related tokens will be temporarily suspended starting today at 17:35 UTC.

On May 7th, according to official channels, OKX announced that it will temporarily halt the deposit and withdrawal services for the following network-related tokens in support of the Ethereum mainnet upgrade set to take place on May 7, 2025, at 17:35 (UTC+8). These tokens include Ethereum (ETH), Arbitrum (ARB), Optimism (OP), zkSync Era (ZKSYNC), Base (BASE), X Layer (X LAYER), Starknet (STRK), Polygon (POL), Metis (METIS), Scroll (SCR), Linea Network (LINEA), Celo (CELO), and Worldcoin (WLD). Once this upgrade is completed, OKX will resume the deposit and withdrawal services for the above network-related tokens when the network becomes stable, without providing any additional notifications.

US Ethereum Spot ETF Records Net Outflow of $17.9 Million Yesterday

On July 5th, based on Farside's monitoring data, the US Ethereum spot ETF witnessed a net outflow of $17.9 million the previous day.

Binance will support the Ethereum network upgrade and hard fork

On May 7th, as per the official announcement, Binance is anticipated to halt token deposits and withdrawals for the Ethereum (ETH), Arbitrum (ARB), Optimism (OP), zkSync Era (ZKSYNC), Base (BASE), Manta Network (MANTA), Starknet (STRK), Polygon (POL), Metis (METIS), Scroll (SCR), Cyber (CYBER), Metal DAO (MTL), Celo (CELO), and Worldcoin (WLD) networks starting from May 7, 2025, at 17:45 (UTC+8) in order to support the Ethereum network upgrade and hard fork. The network upgrade and hard fork will occur on May 7, 2025, at 18:05 (UTC+8).