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Ethereum Surges Above $1,600, 24-hour Gain of 1.8%

BlockBeats News, June 7th, according to HTX market data, Ethereum has rebounded and surpassed $1,600, with a 24-hour increase of 1.8%.

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On-Chain Activity

2h ago

Joseph Lubin mortgaged 412,430 ETH to borrow 259 million DAI, with a Loan-to-Value (LTV) ratio dropping below 1.2 temporarily.

2h ago

Hex Trust's affiliate entity accumulates 182 million H tokens, with a total value of $121 million

2h ago

A certain Ethereum OG Whale is back, buying 35,723 ETH at an average price of $1,563 each.

4h ago

A certain whale has accumulated approximately 1,723 Bitcoins in the last 24 hours, worth around $105.58 million.

24H Important News

2026-06-07

Analysis: MVRV Indicator Shows BTC Has a Better Entry Point Below $53,900

Weekly Macro Outlook: SpaceX IPO Imminent, Potential Acceleration of US CPI to Trigger Market Turbulence

South Korean Retail Investors 'Top Out' US Stocks, Selling Over 1 Trillion Korean Won of Overseas Stocks This Week

Open Source vs. Closed Source “Money Grab”: Price Discrepancy Reaches 40X, Open Source Model Gains Traction as Industry Giants Rake in Billions in Revenue

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