Tag
GLASSNODE
Ethereum network has grown from less than 1million in June to currently over 3 million per day.
Average Ethereum miner revenue from fees has surged to $800,000 per hour in the past 24 hours,
ETH miners on the network earned a staggering $500,000 in just one hour.
BTC supply is tightening, as miners refuse to pump their coins into the crypto market.
BTC miners who successfully mine a block are paid or rewarded in BTC.
In the Bitcoin world, investors or traders who own a large number of Bitcoins are typically called Bitcoin whales.
95% of Bitcoin wallets are currently in a state of profit.
ETH’s value in recent months has gained exponentially and will most likely continue to do so.
BTC remained confidently above $10,000 throughout Week 31.
There are 18,000 BTC millionaires, or addresses containing greater than $1 million value of BTC.
From a macro level, this increase in the number of BTC whales can be considered bullish.
BTCs moving from the investment bucket into the trading bucket could become a crucial source of liquidity.