ETH Hits $1.4K As 3000 New Shark Address Appear Within 10 Weeks

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• Ethereum is trading over $1400 for the first time since Nov.9.
• The network has seen the appearance of 3,000 new shark addresses.
• Other coins such as XRP have also seen a significant surge.

The cryptocurrency community rejoiced greatly at the latest market increase after a protracted period of stagnation. Ethereum (ETH), the second-largest cryptocurrency network, is reportedly now trading over $1,400 for the first time since it crashed 26% on November 9.

#Ethereum has jumped above $1,400 for the first time since November 7th. Over the past 10 weeks, ~3,000 new shark addresses (holding 100 to 10,000 $ETH) have shown up on the network. 48,556 shark addresses is the highest level recorded since Feb, 2021. ...

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