Ethereum

ETH 2.0

Read

View

<div class="coingape"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
  <p lang="en" dir="ltr">📈 #Ethereum $ETH Total Value in the ETH 2.0 Deposit Contract just reached an ATH of 28,019,877 ETH</p>  
  <div class="quads-location quads-ad90952 " id="quads-ad90952" style="float:none;text-align:center;padding:0px 0 0px 0;"> 
   <div class="ad1"> 
    <div class="advertised"> <span class="ad-placeholder">advertisement</span> 
    </div> 
   </div>  
   <div id="my-banner-ad" class="d-inline-block"></div> 
  </div> 
  <p>View metric:https://t.co/SzbMPqvhlb pic.twitter.com/Bvfly88Sds</p> 
  <p>— glassnode alerts (@glassnodealerts) August 24, 2023</p> 
 </blockquote> 
 <p></p>  
 <div class="quads-location quads-ad148831 " id="quads-ad148831" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="NewTrendin dsdsd m-on"> 
   <h5> 
    <svg class="inline-block w-5 ml-1 text-black _text-digg-blue" width="34" height="20" xmlns="//www.w3.org/2000/svg" viewbox="0 0 17 17" fill="currentColor"> <path fill-rule="evenodd" d="M12 7a1 1 0 110-2h5a1 1 0 011 1v5a1 1 0 11-2 0V8.414l-4.293 4.293a1 1 0 01-1.414 0L8 10.414l-4.293 4.293a1 1 0 01-1.414-1.414l5-5a1 1 0 011.414 0L11 10.586 14.586 7H12z" clip-rule="evenodd"></path> 
    </svg>Recommended Articles </h5> 
   <div class="TrendSList owl-carousel owl-relatedpostar"> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/22/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/22/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Crypto Presale Projects For 2023 To Invest; Updated List </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/24/fa6133ad6e87ee1c4776d3849180d46b.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/24/fa6133ad6e87ee1c4776d3849180d46b.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Best Crypto Trading Bots List 2023</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/24/b31cabf387544aafba212df61a9a40a5.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/24/b31cabf387544aafba212df61a9a40a5.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/22/e59946958a3ce000f279efb2e1b9c852.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/22/e59946958a3ce000f279efb2e1b9c852.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Crypto Telegram Channels List 2023 [Updated]</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/22/48cfebc8a0493db9937bed5dd005ee19.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/22/48cfebc8a0493db9937bed5dd005ee19.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Top 10 Web3 Games To Explore In 2023; Here List</h6> <span>Must Read</span> 
    </div> 
   </div> 
  </div> 
 </div> 
 <p>&nbsp;</p> 
 <p><span style="font-weight: 400;">Simultaneously, Ethereum’s perpetual futures market has experienced a contrasting trend, with Open Interest hitting a 13-month low of $1,282,694,452.42 on Binance.</span></p> 
 <h2 id="b-navigating-perpetual-futures-and-asset-locking-b"><b>Navigating Perpetual Futures and Asset Locking</b></h2> 
 <p><span style="font-weight: 400;">Perpetual Futures Contracts</span><span style="font-weight: 400;">, renowned for their distinctive characteristic of lacking an expiry date, have long been a staple in the financial landscape. These contracts create a binding agreement between buyers and sellers, mandating the sale of an asset on a fixed future date at a predetermined price, irrespective of the asset’s market value at that time.</span></p> 
 <blockquote> 
  <p><span style="font-weight: 400;">The Ethereum community witnessed a similar 13-month low in perpetual futures Open Interest just a few days ago, on August 23, 2023, at $1,283,378,499.67. This recurrent pattern suggests potential shifts in market sentiment and trading strategies.</span></p> 
 </blockquote> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
  <p lang="en" dir="ltr">📉 #Ethereum $ETH Open Interest in Perpetual Futures Contracts just reached a 13-month low of $1,282,694,452.42 on #Binance</p> 
  <p>Previous 13-month low of $1,283,378,499.67 was observed on 23 August 2023</p> 
  <p>View metric:https://t.co/5xWRoSKP3f pic.twitter.com/C2mu5dQ1Os</p> 
  <p>— glassnode alerts (@glassnodealerts) August 24, 2023</p> 
 </blockquote> 
 <p></p> 
 <h2 id="b-active-supply-metrics-and-market-performance-b"><b>Active Supply Metrics and Market Performance</b></h2>  
 <div class="quads-location quads-ad124348 " id="quads-ad124348" style="float:none;text-align:center;padding:0px 0 0px 0;">   
 </div> 
 <p><span style="font-weight: 400;">Another noteworthy report from the Ethereum ecosystem reveals that the Amount of Supply Last Active 1m-3m (1-day Moving Average) has reached a month-long nadir of 9,663,000.605 ETH. This data offers insights into short-to-medium-term holding patterns among Ethereum investors, which can influence market liquidity and price dynamics.</span></p> 
 <p><span style="font-weight: 400;">Against this backdrop of data-driven insights, Ethereum price is trading at </span><span style="font-weight: 400;">$1,650.51</span><span style="font-weight: 400;">, accompanied by a 24-hour trading volume of $5,309,161,791 on CoinMarketCap. The cryptocurrency has experienced a 2.26% dip in the last day, reflecting the inherent volatility in the crypto space. </span></p> 
 <p><span style="font-weight: 400;">Ethereum is the second-largest cryptocurrency by market capitalization, with a live cap of $198,414,560,131. Its circulating supply stands at 120,214,162 ETH.</span></p> 
</div>

ETH 2.0 Deposits Hit ATH As Perpetual Futures Open Interest Dips

Table of Contents

TheBitTimes

Other articles published on Aug 24, 2023

All Roads Lead to ALL.ART: The Metaverse's Defining Moment

Central African Republic Plan To Tokenize Land And Natural Resources

Shido Tax Cooldown!

Biggest Crypto Gainers Today on DEXTools – BABYSHIB, TOAD, SHARES

Analyzing LBank IEO Historical Data and H1 2023 IEO Performance to Predict Upcoming LBank IEO

As XRP Robinhood Rumors Swirl, XRP20 Coin Price is Getting Ready to Blast Off for Near-Term 3x Gains

Join our free newsletter for daily crypto updates!