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

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Thu, 14/10/2021 - 11:42
 Ethereum Prints Big Green Candle, Rising to $3,720
Cover image via stock.adobe.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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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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Bitcoin Mining Rigs Run by Public Officials Shut Down in Zhejiang, China

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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