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Ethereum Prints Big Green Candle, Rising to $3,720

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Thu, 10/14/2021 - 11:42
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Yuri Molchan
Ethereum is rising, adding over 3% in past hour
 Ethereum Prints Big Green Candle, Rising to $3,720
Cover image via stock.adobe.com

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The second-largest cryptocurrency, Ethereum, has staged a rise by 3.24% in the past hour, printing a long green candle on the chart.

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Image via TradingView

Recently, analysts revealed that the top 10 non-exchange wallets have been buying more Ethereum, thus increasing the gap between them and the top 10 exchange wallets.

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Besides, billionaire Mark Cuban has stated that Ether has "the most upside" as a crypto investment compared to Bitcoin and other cryptocurrencies. Meanwhile, more ETH has been burnt recently; the total amount of ETH fees that have been burned is 500,000 ETH.

At press time, Ethereum is changing hands at $3,742.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.