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Modern market data reports are a large amount of ETH in a large pregnant activity during the past 48 hours.
according to onChecklist, whales bought more than 1.14 million ETH in the last 48 hours. This massive accumulation sparked curiosity and speculation within the encryption community.
Along similar lines, Blockchain data alert reports on three major transactions for Ethereum during the past 24 hours, with a large amount of ETH between unknown wallets.
Transactions 39200 ETH worth 129,481,373 dollars; Two transactions of 40,894 ETH, each of $ 135 million, was transferred between unknown portfolios.
Incorporated investors are increasingly entering the cryptocurrency market, and therefore, the last accumulation can hint at the institutional players who have their ETH.
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In one of these, the space reported the series’s data yesterday that five governors (likely to be one entity) deposited 29200 million US dollars to HTX and withdrew 9,018 ETH during the last market decrease.
At the time of this report, ETH 3.31 % has decreased in the past 24 hours to $ 3,292.
Ethereum Pectra Solid Force progresses
According to the latest update on Pectra’s developments from Galaxy Research’s Christine KimPreparations to activate the fork of the ethereum thorn.
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Based on the planned Pectra specifications changes and modern network issues on Pectra Devnet 5, developers decided to launch another Devnet, Devnet 6, before updating the general Testnets.
The developers also identified a preliminary time frame to activate the Pectra Mainnet, which will require customer teams to issue updated programs by February 3 to activate Pectra on Sepolia and Holesky Testnets on 12 and 19 February, respectively. The developers want to release the final PECTRA program for a possible Mainnet upgrade on March 11, 2025.
Looking at how Pectra is planned, preparations for the next upgrade, fusaka.
