📉 LATEST NEWS: The average #Ethereum network fee reached j | CryptoAlex on Binance Square

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📉 LATEST NEWS: The average #Ethereum  network fee reached just $0.168 per transaction, hitting a 5-year low. $ETH 

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The market has gone on hold, spot trading on exchanges has fallen to its lowest level since October 2020. Coins are barely traded and onchain is not moving. This reduces pressure on the price, but demand is also weak - CryptoQuant Everything now depends on activity in the futures. $BTC

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Spot ETFs and liquidations on futures On April 24, spot Bitcoin ETFs recorded another inflow of more than $442 million. This is clearly less than the $916 million on April 23, but it is the fifth green day in a row. 💰 Ethereum ETF is also turning green. As of April 24, an inflow of more than $63 million was recorded. We remind you that yesterday there were outflows of $23 million. I would like to see a series of green days on this instrument as well. 📉 In addition, according to the Coinglass service over the past 24 hours, the futures positions of more than 120 thousand traders have been liquidated. $BTC $ETH

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Initia on Binance ▶️#news 🤝Binance announce the 68th project on Binance Launchpool - Initia ($INIT). For 6 days, starting April 18 at 03:00 (Kiev time), users will be able to steak $BNB, $FDUSD and $USDC in separate pools to get the $INIT token. ▫️Листинг: April 24 at 14:00 (Kiev time); ▫️Пул $BNB: $25,500,000 $INIT (85%); ▫️Пул $FDUSD: $1,500,000 $INIT (5%); ▫️Пул $USDC: 3,000,000 $INIT (10%).

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Whale fixed a loss of $1.31 million on ETH The large investor sold 5,596 ETH at $1,584 per coin, even though he bought them from May through November 2023 at an average price of $1,819. The loss amounted to approximately $1.31 million. Cryptans speculate that Whale may have changed its strategy or reassessed risks amid market uncertainty. $ETH

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Binance burned BNB worth $916 mln Cryptocurrency exchange Binance has conducted its 31st quarterly burn - 1,579,208 BNB worth $916 million have been removed from circulation. The exchange has 40.8 million more coins to burn before the target issue of 100 million tokens. $BNB

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