Ethereum (ETH)

"You're BlackRock and you send JP Morgan money from one bank account to another. Would you want everybody to be able to see that?" "A lot of these chains, seeing the success of Canton and others, realize that institutions are not going to participate in crypto unless privacy is a given. Privacy, or we could even call it confidentiality in this case, like developing confidential transfers" "The problem with public blockchains is that you may not know it's my bank account and your bank account, but everybody can see where some money was sent, and with any decent onchain analysis, probably tie that to you. Institutions can't do that. The largest institutions on the planet need to know their transactions are completely confidential" "Ethereum Foundation researchers are launching an institutional grade privacy system called ETH Systems. They're developing confidential transfers, private bond issuance, privacy preserving identity, and confidential settlement systems designed specifically for institutional users"

Whales continue accumulating $ETH. Another 2 newly created wallets withdrew 20,000 $ETH($37.72M) from #CoinbasePrime today. Over the past 3 days, 7 newly created wallets have withdrawn a total of 89,396 $ETH($164.88M) from #CoinbasePrime. Wallets: 0xf42962b8020D09517A0efb7138EF7e989F9727d9 0x8C71ca4D7abb9bb7111bdbD62cE928bCd6915Ef6 0x1a183756d81e37573ACc91AC23Ec4dAE57dAfdf1 0x84D5B87d281E8dA138A11da793C771E4F2Dfac3D 0x8Aadfe1482bDB1De3D8719A4c54F8d7E7F933320 0x4f25B2414960fAee2395e6AAD8Ad65055c86D10C 0xeFD730b61935a91b2BC0b7f6Bb3F3fA83EAb2E00

A whale just moved $57.66M in $ETH off @Coinbase Prime 30K $ETH was withdrawn and split across three fresh wallets. Addresses: → 0x1a183756d81e37573ACc91AC23Ec4dAE57dAfdf1 → 0x84D5B87d281E8dA138A11da793C771E4F2Dfac3D → 0x8Aadfe1482bDB1De3D8719A4c54F8d7E7F933320 https://t.co/yQgkgRV2S5

$5m was deposited to Nado yesterday, where will it go? The traders making money are short with an emphasis on ethereum:native. https://t.co/GoiV4ZsLig

$ETH is an easy buy right now. Here's why: ETH/BTC is approaching its most important level in months. ETH has outperformed BTC by 9.5 percentage points over the last 30 days after trailing it by 9.4 points over the prior six months. The pair is now testing the top of a long-term descending channel. A weekly reclaim of 0.030 would mark a meaningful shift in relative strength. → Inflows are also improving. Ethereum ETFs moved back into net inflows in July after losing $530M in June. The fundamentals have not fully confirmed the move yet. Ethereum fees are still -29% over the last 30 days. For now, this is a breakout setup rather than a confirmed trend. But after months of underperformance, $ETH is finally giving the market a reason to pay attention.