Although I am focusing more on Ethereum upgrades to solve the problems in the network, especially the high fees, I hope that we will see this scenario come true soon and a new Ethereum ATH will be achieved.That's what I'm looking for in Ethereum, that is to solve their issue with their gas fee. Imagine, even though Ethereum has a very high fee now, but the number of people investing in it is still increasing. Investors see the price of Eth will go higher soon. How much more if they can solve the problem of their gas fee, surely the price will explode and that's what most people expect.
That's what I'm looking for in Ethereum, that is to solve their issue with their gas fee. Imagine, even though Ethereum has a very high fee now, but the number of people investing in it is still increasing. Investors see the price of Eth will go higher soon. How much more if they can solve the problem of their gas fee, surely the price will explode and that's what most people expect.Yes, that's right, everyone is looking for a reduction in Ethereum fees because it is still a big problem despite all the upgrades that the network has received.
Yes, that's right, everyone is looking for a reduction in Ethereum fees because it is still a big problem despite all the upgrades that the network has received.We just had DenCun, which is an update for Layer-2 on Ethereum. Sharding has been canceled and the ETH Foundation is focusing on Layer-2, which means we will not see a quick upgrade of Layer-1 with higher speed and lower fees.
Everyone is interested in the Ethereum network because most of the big tokens, important projects, DeFi and DAPP applications are all on the Ethereum network, so most people are looking for important investments there and everyone wants to lower the fees so they can work more freely.
Of course, if this problem is solved, the movement will increase very significantly on Ethereum, and it is certain that we will witness a price explosion.
From all your explanation there is a confirmation about that and currently the approval of Bitcoin ETF has suddenly caterputed the price of bitcoin to create new ATH even before bitcoin halving since from then the price of bitcoin and ethereum has never moved above 71k and 3.8k for eth. The market is truly being controlled by whales and can be easily manipulated.On-chain analysis uses data on whale behavior to assess market conditions and predict future volatility. This conspiracy theory is indeed attractive and has many times helped professional analysts to take the initiative in investment planning and profit optimization. BTC and ETH are large assets chosen by many investment funds, I believe that their price fluctuations are deeply affected by the manipulation of these investment funds.
Currently, before ETH Spot ETFs are traded, we see a lot of activity moving large amounts of ETH between whale-related addresses. I think they are preparing to make huge profits from the rise in ETH price as soon as traditional investors can trade ETH Spot ETFs.What is the benefit of transferring Ethereum between addresses linked to whales? I know that they prepare before trading ETH Spot ETFs because they know that the price will rise and they will get big profits, but what I mean is are they buying these quantities or just transferring them from one wallet to another?
However, large organizations and whales are still using Ethereum, transaction fees are not a problem for them if they move millions of dollars. Security, safety, and decentralization are what they really care about. This will ensure the potential price increase of ETH even if the gas transaction fee does not decrease during this cycle ;D
This conspiracy theory is indeed attractive and has many times helped professional analysts to take the initiative in investment planning and profit optimization. BTC and ETH are large assets chosen by many investment funds, I believe that their price fluctuations are deeply affected by the manipulation of these investment funds.
What is the benefit of transferring Ethereum between addresses linked to whales? I know that they prepare before trading ETH Spot ETFs because they know that the price will rise and they will get big profits, but what I mean is are they buying these quantities or just transferring them from one wallet to another?I think they are trying to hide or erase the traces of their active ETH accumulation before ETH Spot ETFs are approved and traded. Perhaps they are aware that on-chain analysis has become part of investors' due diligence and they want their manipulation plans to go undetected. This could prevent ETH price from rising sharply under investor FOMO, allowing whales to continue accumulating more ETH at lower price zones.
Purchasing these quantities incrementally will inevitably lead to an increase in the price. As for merely transporting, I do not expect it to affect the price, right?
Not a conspiracy theory but the really big ones are not even moving the coins on chain, if the FTX failure has taught us one thing about them is that some exchange can have in his account money that belongs to a hundred other companies used just for settling and arbitrage, with large companies that were supposed to have tens of millions of $ in coins not having a single coin in their address or an address at all.On-chain data does not include the internal activities of CEXs, and it is difficult for us to have full information about the buying and selling activities on CEXs. After the collapse of FTX, we only have some more data on the reserve proofs of CEXs, and can track the flow of money in and out of identified hot and cold wallets of CEXs. All on-chain analysis methods have their own drawbacks, we can only regularly monitor and find ways to use them effectively for the investment process 8)