US – Iran Conflict boosts Ethereum transactions? TLDR: Number of Ethereum’s active wallets, on-chain transactions, on-chain trading volumes significantly increased overnight.
https://xangle.io/project/home/ETH/dashboard?link=ysypeI
On-chain active transaction indicators including Ethereum’s number of active wallets and transactions over $1,000,000 surged over the past 24 hours. Analysts have stated that Ethereum prices, like that of Bitcoin, have risen as a result of growing concerns over the US and Iran conflict.
According to crypto disclosure platform Xangle, there were 42,315 active wallets (wallets with at least one transaction record) in the last 24 hours, which is 59% more than the daily average over the past week.
Number of on-chain transactions and trading volume in the past 24 hours amounted to 636,785 and $270,288, which is 10% and 35% more than the daily average of the last seven days.
Transactions over $1,000,000 have also increased 76%, with 23 cases compared to 13 over the past week.
Disclaimer
I confirm that I have read and understood the following: The information contained in this article is strictly the opinions of the author(s). This article was authored free from any form of coercion or undue influence. The content represents the author's own views and does not represent the official position or opinions of CrossAngle. This article is intended for informational purposes only and should not be construed as investment advice or solicitation. Unless otherwise specified, all users are solely responsible and liable for their own decisions about investments, investment strategies, or the use of products or services. Investment decisions should be made based on the user’s personal investment objectives, circumstances, and financial situation. Please consult a professional financial advisor for more information and guidance. Past returns or projections do not guarantee future results.
Xangle or its affiliated partners own all copyrights of the written or otherwise produced materials and content provided on the platform. Any illegal reproduction of such content, including, but not limited to, unauthorized editing, copying, reprinting, or redistribution will result in immediate legal actions without prior notice.
