{"id":2363,"date":"2024-11-08T19:31:35","date_gmt":"2024-11-08T19:31:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2363"},"modified":"2024-11-08T19:31:35","modified_gmt":"2024-11-08T19:31:35","slug":"ethereum-up-17-on-the-week-what-is-going-on","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2363","title":{"rendered":"Ethereum Up 17% On The Week: What Is Going On?"},"content":{"rendered":"<div>\n<p>Crypto analysts are seeing signals that <strong>Ethereum <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) may soon rally against <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), potentially <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/08\/40255976\/is-ethereum-going-to-keep-underperforming-bitcoin-heres-what-technical-analysis-says\">reversing recent underperformance<\/a>.<\/p>\n<p><strong>What Happened:<\/strong> According to Lookonchain, a major Ethereum whale with holdings of 398,891 ETH ($1.14 billion) recently sold 29,897 ETH at $2,839 for a profit of $84.7 million (810x return), <a href=\"https:\/\/x.com\/lookonchain\/status\/1854735745099219430\">signaling<\/a> confidence among some high-stake investors in ETH\u2019s future trajectory. He continues to hold 368,992 ETH ($1.07 billion).<\/p>\n<p>Ethereum has rallied 17% over the past seven days, prompting bullish forecasts from traders and analysts:<\/p>\n<ul>\n<li>Crypto trader \u201cAstronomer\u201d swapped half of his BTC for ETH, calling it &#8220;the meme trade of the year.&#8221; He points out that while BTC is up 30%, ETH has risen only 10% but predicts Ethereum&#8217;s rally will &#8230;<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41855008\/ethereum-up-17-on-the-week-what-is-going-on\" alt=\"Ethereum\" up on the week: what is going>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analysts are seeing signals that Ethereum (CRYPTO: ETH) may soon rally against Bitcoin (CRYPTO: BTC), potentially reversing recent underperformance. What Happened: According to Lookonchain, a major Ethereum whale with holdings of 398,891 ETH ($1.14 billion) recently sold 29,897 ETH at $2,839 for a profit of $84.7 million (810x return), signaling confidence among some high-stake [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2363","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2363"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2363\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}