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The number of Ethereum coins deposited in Ethereum 2.0 contracts reaches a new record!

The number of Ethereum coins deposited in Ethereum 2.0 contracts reaches a new record!

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Answer The number of Ethereum coins deposited in Ethereum 2.0 contracts reaches a new record!

The price of Ethereum has increased by more than 16% in the last seven days.

Thus, Ethereum is one of the top 10 digital currencies over the past seven days.

It can be said that the main reason behind the rise in the value of Ethereum is due to the growing interest in upgrading the Ethereum network.

According to Etherscan, the Ethereum 2.0 deposit contract now contains more than 13.29 million Ethereum coins, an all-time high.

Amid the price hike, the total value of Ethereum bound by the Ethereum 2.0 Deposit Contract is now around $25 billion.

Read:Huge fluctuations in the price of Bitcoin, coinciding with the announcement of the inflation rate in the United States of America

With the final test of the Ethereum network last Thursday, the price of Ethereum briefly jumped above $1900 and then touched the $2000 level.

The developers have confirmed that the long-awaited Ethereum upgrade will happen between September 15-16.

Ethereum dominance:

The overall dominance of Ethereum is increasing across the cryptocurrency market.

Ethereum now accounts for more than 20% of the cryptocurrency market cap, compared to around 14% in July 2022.

For the first time in history, the open interest of Ethereum options has crossed the level of $6.6 billion, while the open interest rate of Bitcoin has reached the level of $4.8 billion.

In the past 24 hours, Ethereum transactions for whales have also skyrocketed.

Read:Venezuela integrates Bitcoin and Litecoin wallets into a government cryptocurrency exchange

The latest data published by Whale Alert indicates that a large address transferred 20,000 Ethereum worth over $38 million from Huobi to Binance on Friday, August 12 at approximately 03:33 UTC.

Read also:

After expediting the upgrade date…the price of the Ethereum coin reaches the level of $2000

Huobi founder is looking to sell his stake in the company for $3 billion


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