Ethereum (ETH) is currently trading at $1,249.94 after a 2.72% price increase over the last 24 hours. The leading altcoin is also still in the green by more than 4% over the last seven days. ETH’s 24-hour trading volume also saw a double-digit increase over the last day and now stands at $5,238,450,559.
One of the reasons for ETH’s stellar performance over the last day could have something to do with the latest analysis shared by Nansen on their official Twitter page.
The blockchain analysis firm known as Nansen took to Twitter on January 3 to share a breakdown of their latest crypto industry analysis. Perhaps the biggest highlight in the report is that 15.87 million ETH has been staked, which is estimated to be 13.2% of the total circulating supply. At current prices, this is worth about $19.3 billion.
The post ETH Up After Nansen Releases Latest Crypto Industry Analysis appeared first on Coin Edition.
See original on CoinEdition
Source: Cryptocurrency - investing.com
