Mohamed Elmasry
@egyhash
11 Following
54 Followers
Casts
Casts + replies
Mohamed Elmasry
@egyhash
If you had invested just $1,000 in $ETH in 2021… you’d still have $1,000 today 😅
1 reply
4 recasts
13 reactions
Mohamed Elmasry
@egyhash
Why Ethereum Is Bleeding Value: Fee Crash Meets Hyperinflation Hellscape It is evident that Ethereum has been facing significant challenges, especially when compared to Bitcoin, reaching levels not observed since 2020. On-chain data reveals that subdued network activity is a primary contributor to Ethereum's ongoing price decline. The number of active addresses has been steadily decreasing since the start of the year, and average fees per transaction and per block have reached record lows. As a result, the burn rate has fallen to its lowest level since the Merge, further exacerbating the inflationary pressures on the asset since the Dencun upgrade. Ethereum's recent underperformance can be largely attributed to diminished network activity, as evidenced by declining active addresses and reduced transaction fees. These factors, coupled with a low burn rate post-Dencun upgrade and a continuous high inflation rate, continue to exert downward pressure on the asset's value.
2 replies
4 recasts
14 reactions
Mohamed Elmasry
@egyhash
Two massive loans on Ethereum are on the verge of liquidation if Ethereum's price drops by around $100 from its current level. 130K ETH 👀
4 replies
7 recasts
19 reactions
Mohamed Elmasry
@egyhash
Dam it! What is going on with ACT on Binance? Some whale got liquidated for $3.8M!
2 replies
6 recasts
23 reactions
Mohamed Elmasry
@egyhash
Light in the Dark Tunnel 💡 A massive surge in the staking rate on Ethereum compared to last month… and a significant increase in the number of validators on the network. Let’s not forget that soon, ETFs will have the ability to benefit from Ethereum staking and generate returns for investors.
2 replies
4 recasts
15 reactions
Mohamed Elmasry
@egyhash
My Latest Analysis on CryptoQuant: Bitcoin Whale Activity Peaks, Hinting at Potential Selling Pressure The Bitcoin Exchange Whale Ratio, calculated as the ratio of the top 10 inflows to the total inflows on exchanges, has reached levels not seen since the last year. A high ratio indicates that a substantial portion of Bitcoin deposits is being driven by large holders, or whales. This behavior is often interpreted as these big players actively reallocating their assets, potentially signaling forthcoming selling pressure in the market.
2 replies
3 recasts
10 reactions