Ethereum [ETH]: All you should know about the full impact of its Merge reveal

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Ethereum appears to be on the right trajectory after a month of redemption. ETH started the month priced a little above $1,050, but is about to end it at around $1,700. On the back of a wider market upturn and the Merge’s announcement, Ethereum has surged on the charts. In fact, the Merge announcement, due […]

, an incredible surge broke its ATH activity by a wide margin. 1.06 million ETH addresses made transactions that day, thereby recording a 48% increase from its previous record.some underlying worries for the Ethereum community. The average Realized Price of ETH 2.0 deposits is $2,389. This is a whopping 44% higher than the broader market’s realized price at $1,649. With over 13M ETH staked, this puts the total unrealized loss held by ETH in the 2.0 deposit contract at $14.96 billion.

Ergo, the crypto may be set to further attract investors, especially with Merge anticipation growing steadily across the market.Subscribe to get it daily in your inbox.

 

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