Ethereum

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<ul class="wp-block-list news-points">
 <li><strong>Ethereum’s large daily transactions exceed 10,000, the highest since August.</strong></li>
 <li><strong>ETH market cap now tops Netflix and Johnson &amp; Johnson.</strong></li>
 <li><strong>Ethereum poised for a breakout, pending rate cuts and yield drops.</strong></li>
</ul>
<p>Ethereum whales are making large-scale transactions, pushing daily transaction counts above 10,000—the highest since August. This signals strong interest in the Ethereum network as investors anticipate a potential price breakout.</p>
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 <figure class="aligncenter size-full is-resized"><img decoding="async" width="532" height="423" src="https://coinedition.com/wp-content/uploads/2024/11/Screenshot_60.png" alt="" class="wp-image-545429" style="width: 100%;height:auto" srcset="https://coinedition.com/wp-content/uploads/2024/11/Screenshot_60.png 532w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_60-300x239.png 300w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_60-380x302.png 380w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_60-112x89.png 112w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_60-311x247.png 311w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_60-302x240.png 302w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_60-208x165.png 208w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_60-265x211.png 265w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_60-88x70.png 88w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_60-94x75.png 94w" sizes="(max-width: 532px) 100vw, 532px">
  <figcaption class="wp-element-caption"><strong><em>Source: <a href="https://x.com/intotheblock/status/1856995331612791093" target="_blank" rel="noopener noreferrer nofollow">Twitter</a></em></strong>
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<p>This surge in whale activity, a three-month high, suggests growing investor confidence in Ethereum. Moreover, Ethereum’s market cap is now higher than that of major NYSE-listed companies like <a href="https://x.com/Bitcoinsensus/status/1857010171312029706" target="_blank" rel="noopener noreferrer nofollow">Netflix and Johnson &amp; Johnson</a>.</p>
<h2 class="wp-block-heading" id="h-ethereum-price-analysis">Ethereum Price Analysis</h2>
<p>On the price front, Ethereum’s native token ETH has taken a breather from its November 12 peak of $3,424. Indicators suggest it could soon reach new all-time highs. Analysts believe potential interest rate cuts and yield drops could make Ethereum more attractive.<br></p>
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 <figure class="aligncenter"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfUa80RWetyc4jrjDDRNkvS5D1SRwSxgAzplg60cx8bc5EYtI-CYyNEO4DSGnTdeaQrNXSs5yC4gw5XY0n-MJhLozZTsgUZJW5Zf_jYWoPBSAiYr43HLen455Xim_i0uKj6n5FHgw?key=ytR6ANJQGpbfVrX8IJUXGn3I" alt="">
  <figcaption class="wp-element-caption"><strong><em>Source: Michaël van de Poppe</em></strong>
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<p class="has-text-align-center"><strong>Read also: <a href="https://coinedition.com/ethereum-3-0-beam-chain-proposal-aims-to-revamp-eth-consensus/" rel="noopener noreferrer nofollow">Ethereum 3.0? “Beam Chain” Proposal Aims to Revamp ETH Consensus</a></strong></p>
<h2 class="wp-block-heading" id="h-ethereum-whale-activity-hints-at-potential-upside">Ethereum Whale Activity Hints at Potential Upside</h2>
<p>Despite a recent price pause, Ethe…</p>
<p>The post <a href="https://coinedition.com/ethereum-whales-make-big-moves-pushes-transactions-to-3-month-high/" rel="noopener noreferrer nofollow">Ethereum Whales Make Big Moves; Pushes Transactions to 3-Month High</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Ethereum Whales Make Big Moves; Pushes Transactions to 3-Month High

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