The post Ethereum Whales Are Disappearing – But That’s Not Bad News appeared on BitcoinEthereumNews.com. Ethereum New on-chain data suggests Ethereum’s biggest holders are gradually stepping back, but analysts argue this doesn’t spell weakness for the market. Crypto strategist Joao Wedson highlighted that the number of whale addresses holding massive ETH balances is shrinking, along with their overall share of supply. While ETH prices have been rising, these large wallets appear less active. Wedson, however, sees no reason for concern. Drawing parallels with Bitcoin’s past cycles, he noted that true market momentum often comes not from whales but from so-called “sharks” — wallets holding between 10,000 and 100,000 ETH. Since April, this group has reportedly accumulated about 4.4 million ETH, showing consistent confidence in the asset. Unlike whales, which are often tied to exchanges, custodians, or inactive long-term holdings, sharks tend to be more dynamic players in price discovery. According to Wedson, this buying activity could play a critical role in shaping Ethereum’s next major move, especially if accumulation continues at the current pace. The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Author Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team. Related stories Next article Source: https://coindoo.com/ethereum-whales-are-disappearing-but-thats-not-bad-news/The post Ethereum Whales Are Disappearing – But That’s Not Bad News appeared on BitcoinEthereumNews.com. Ethereum New on-chain data suggests Ethereum’s biggest holders are gradually stepping back, but analysts argue this doesn’t spell weakness for the market. Crypto strategist Joao Wedson highlighted that the number of whale addresses holding massive ETH balances is shrinking, along with their overall share of supply. While ETH prices have been rising, these large wallets appear less active. Wedson, however, sees no reason for concern. Drawing parallels with Bitcoin’s past cycles, he noted that true market momentum often comes not from whales but from so-called “sharks” — wallets holding between 10,000 and 100,000 ETH. Since April, this group has reportedly accumulated about 4.4 million ETH, showing consistent confidence in the asset. Unlike whales, which are often tied to exchanges, custodians, or inactive long-term holdings, sharks tend to be more dynamic players in price discovery. According to Wedson, this buying activity could play a critical role in shaping Ethereum’s next major move, especially if accumulation continues at the current pace. The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Author Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team. Related stories Next article Source: https://coindoo.com/ethereum-whales-are-disappearing-but-thats-not-bad-news/

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more