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Showing posts with the label long-term holders

Ethereum Ether (ETH) Price To Surge: Traders Bet on ETH to $6k

Ethereum’s Ether cryptocurrency (ETH) could be set to surge in price, as traders are betting big on the asset reaching $6,000 this year through bull call spreads. ETH has crashed from the $4k valuation it had back in December 2024, but began a strong rebound this May. At press time, the Ethereum token is up 57% in the last 30 days alone. Traders are riding on the asset to continue its climb through the summer and hit a new ATH before the year is done. Last week, block traders, typically institutions and large players, executed bull call spreads on ether. The traders picked the $3,500 call options while also shorting an equal number of calls at the $6,000 strike. These bets would expire on December 26, meaning Ethereum has until then to hit that number to reward the betters. Traders executed the strategy via the over-the-counter platform Paradigm, which was later listed on crypto exchange Deribit. Traders executed 30,000 contracts of the $3,500/$6,000 call spreads across 10 separat...

Shiba Inu: SHIB Price Prediction 6 Months From Now

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Shiba Inu (SHIB) is consistently gaining mainstream momentum, with the token aiming for new price highs in the process. Despite the token’s mellow price pace, SHIB continues to embark and aim for new price highs and is consistently working toward establishing a novel price pace to hit a new high in the process. Will it be able to achieve an all-time high in the next 6 months? Let’s find out. Also Read: EU Planning Concessions to Avoid US President Trump’s Tariffs Shiba Inu: What’s New With The Token? Source: Watcher Guru Shiba Inu is currently one of the leading meme coins in the space. The token has recently surpassed Bitcoin and Ethereum in long-term holder ratio, which is touted as a significant feat for the token to claim. In a new post updated by Mikey, a leading SHIB enthusiast, nearly 76% of holders have held on to their SHIB tokens for a year, a value that is higher than Bitcoin and Ethereum holders, sitting at 74% per the expert. “In a stunning turn of events ...