According to recent news, an Ethereum ICO participant transferred 10,000 ETH to the Kraken exchange. Shibarium fees soared 2,024%, and IntelMarkets raised $450K during its presale.
Ethereum Wallets Come Alive
According to Etherscan data, one of the largest Ethereum wallets became active after two years of inactivity. The wallet sent 10,000 ETH to the Kraken exchange, trading Ethereum worth $24.37 million at an average price of $2,437. The wallet currently holds 9,298 ETH ($22.63 million). Ethereum's price fluctuates between $2,200 and $2,800. The sell-off by the Ethereum Foundation and co-founder Vitalik Buterin pushed Ethereum's value below the 50-day SMA at $2,584.80. If the price crosses this mark again, it could reach $2,800 in the coming weeks.
Shiba Inu Shibarium Metrics Skyrocket
Transaction fees on Shibarium, the Layer-2 blockchain for the Shiba Inu ecosystem, surged significantly in the last day. Data from Shibariumscan shows the total amount of BONE used in gas fees rose from 15.67 to 317 tokens, a 2,024% increase. The total number of transactions also increased by 70%, reaching 7,715. Shibarium's network of active accounts grew by 157.14%, from 42 to 108. While this reflects increased investor interest, the high fees have raised some concerns.
IntelMarkets Presale Success
IntelMarkets (INTL) has been named the best ICO of the year, reaching its second stage in less than two months and raising over $450K. The platform attracts investors with its upcoming AI-driven crypto trading platform, using algorithmic data and a self-learning AI bot for efficient trading. The platform also offers margin trading with leverage up to 1000:1, copy trading, high liquidity, and risk management tools.
Financial markets continue to show significant fluctuations and interest in new projects like IntelMarkets. Large Ethereum transfers and increased Shibarium fees indicate heightened activity and investor interest.
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