Global #Ethereum

Ethereum (ETH), the second-largest cryptocurrency, is struggling to recover from a significant drop, leaving investors anxious.

Recent data from on-chain transactions and trading activity indicate that Ethereum whales are undertaking significant sell-offs, sparking worries about their confidence in the asset's long-term prospects.

This week, cryptocurrency markets experienced turbulence due to macroeconomic influences, while enthusiasts eagerly embraced new tokens from several notable airdrops.

According to well-known Bitcoin advocate Michael Saylor, Ethereum is a security.

Just days after announcing its initial airdrop, Ethereum restaking protocol EigenLayer is now airdropping an additional 28 million of its native EIGEN coins to over 280,000 wallets.

It's Friday, which means it's time for the expiration of bitcoin options. It is anticipated that $1 billion in Ethereum (ETH) options and $1.39 billion in Bitcoin (BTC) options will settle today.