- As Ethereum gas fees surge, it is getting expensive to transact on the Ethereum blockchain.
- Lower value non-fungible tokens may be hit hard with rising Ethereum gas fees that could eliminate the bottom of the NFT market.
- $2 billion worth of Ethereum deposited to exchange wallets may belong to whales looking to take profits.
Ethereum’s climb toward its May all-time high of $4,356.99 is interrupted by the ongoing consolidation. Nearly 600,000 Ether was deposited to…
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