Tom Lee's Bitmine Adds 40,613 ETH Worth $82.85M, Total Holdings Reach 4.3M ETH

Ethereum network activity reaches a new all-time high, but ETH price has fallen 30% over 6 months, ranking third in fee revenue.

Ethereum network activity reaches a new all-time high, with multiple indicators showing a significant increase in daily active addresses and smart contract calls. However, ETH price has fallen about 30% over the past six months, indicating a net capital outflow. Analysis suggests that capital flows have a greater impact on price. Despite Ethereum hosting a large amount of stablecoins, its value capture has not kept pace with the growth in network usage.

Ethereum active addresses surpass 2 million, reaching a new all-time high, but ETH price remains under pressure; capital flow becomes a key variable.

Ethereum network activity reaches a record high, but ETH prices have not risen accordingly, and on-chain transaction fee revenue has not significantly increased. Transaction data shows that the correlation between on-chain activity and price has weakened, with new demand not translating into higher ETH valuation, leading to net capital outflows from the market. Stablecoins still dominate the Ethereum ecosystem, but overall economic activity is dispersed across layer 2 networks, indicating a separation between network usage and asset value capture.

A Detailed Explanation of ERC-8183: The Answer to Trust Challenges Among Ethereum Attack AI Agents

The Ethereum Foundation and Virtuals Protocol have launched the ERC-8183 standard, aimed at solving trust issues in commercial transactions between AI Agents. The standard defines on-chain tasks and introduces evaluation roles to enable decentralized transactions, avoiding intervention by centralized platforms. ERC-8183 complements other standards such as x402 and ERC-8004, collectively building a decentralized AI Agent economy system.

The swing whale "pension-usdt.eth" achieved 16 consecutive wins and a profit of $5,428,000 over the past 30 days.

Whale address "pension-usdt.eth" achieved 16 consecutive wins within the BTC price range over the past 30 days, with a profit of $5.428 million. Currently holding a 3x leveraged short position worth $69.5 million, with an unrealized loss of $620,000. The trading strategy mainly focuses on low leverage and short cycles, with a cumulative profit of over $26.5 million since last year.

Yesterday, the US Bitcoin spot ETF had a net inflow of $246.9 million, and the Ethereum ETF had a net inflow of $12.6 million.

On March 11, Farside Investors reported a net inflow of $246.9 million into the U.S. Bitcoin spot ETF, with BlackRock, Fidelity, and Bitwise as the main contributors. At the same time, the Ethereum spot ETF saw a net inflow of $12.6 million.

BTC and ETH short-term holder SOPR has rebounded since late February, indicating increased market resilience.

Gate News Report, March 11 — A research institution released a report indicating that short-term holders of BTC and ETH have been experiencing a rebound in the spent output profit ratio (SOPR) since late February. SOPR is used to measure whether recent sellers are in profit when selling assets. The rebound of this indicator suggests that spot demand has been strong enough recently to absorb reverse selling pressure, making market positioning more resilient.