Ethereum costs $2,507 on Saturday afternoon, a good 0.8 percent more than on Friday. The move that really explains this week, however, is not in the price chart but in the two queues through which capital enters staking and leaves it again. Since October 4 the lead of the entry queue over the exit queue has melted away by 252,402 ETH, around $633 million at today's price. That produces two numbers you can work with today: just under 24 days until a new deposit sees its first reward, and a good 24 days until withdrawn ETH sits freely available on your address again.
Ethereum at $2,507 and a week that cost 6.9 percent
As of October 10, Ether trades at $2,507. On the day that is a gain of 0.77 percent, over the week a loss of 6.9 percent, and over the month still a gain of 3.4 percent. Market capitalisation stands at $306.2 billion, turnover over the past 24 hours at $5.82 billion. All figures in this section come from CoinGecko.
For comparison, the larger neighbour: Bitcoin stands at $82,943 and has lost 2.5 percent in the same week. Ether has therefore given up almost three times as much. The ETH to BTC ratio sits at 0.0302, an...
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