GWEI (ETHGas) 24-hour amplitude 45.3%: Surge in trading volume and whale accumulation drive movement
Bitget Pulse2026/04/26 23:28Volatility Brief
In the past 24 hours, the price of GWEI rebounded from a low of $0.095103 to a high of $0.138222. The current quote is $0.130908, with a fluctuation amplitude of 45.3%. Trading volume surged to around $38.5 million (about 16% of market cap), with a market cap of approximately $240 million, a circulating supply of 210 million, and a total supply of 1 billion.
Simple Analysis of Abnormal Movements
- Explosive trading volume: Within 24 hours, volume increased from $17 million to $38.5 million, pushing the price to an ATH of $0.1273-$0.138.
- Signs of whale accumulation: Exchange balances declined by 34% over 30 days, the Top-100 wallets’ holdings rose to 28%, and all 7 out of 7 local pullbacks were absorbed by buyers; on-chain data indicates large purchases.
Market Perspectives and Outlook
The mainstream community is bullish, traders see the current price as a breakout continuation aiming for $0.138-$0.155, emphasizing the confirmation of higher highs alongside volume. Whale behavior indicates “quiet conviction.” Risk warning: be alert for a pullback to test the $0.104 support.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, and is for information reference only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
NEAR Enters Bitwise Large-Cap Indexes in October Rebalance
Ethena Pay Adds Earn+ Through Aave V4 Lending on Avalanche
DoorDash (DASH.US) Outperforms Nasdaq Amid Tech Stock Selloff! Officially Announces $17 Billion Acquisition of Instacart; Will Grocery Delivery and Retail Advertising Drive a Revaluation of Value?
The complete integration of the two major platforms may enhance their overall competitive and bargaining power in terms of delivery economics, consumer reach, and retail media monetization. Grocery retailers lacking their own delivery networks are bound to face more significant bargaining pressure, while Walmart and Target, which own Spark and Shipt, are relatively more capable of withstanding the impact.
Earnings Preview | A 121x P/E Ratio Gamble: If Palantir (PLTR.US) Guidance Is Not “Impressive Enough”, Its Stock Price May Plummet
Palantir released its Q3 earnings after the market closed on Monday. The market expects revenue of $2.18 billion, an increase of about 85%. The focus is on the raised annual guidance and the growth rate of the commercial business. With its high valuation, there is very little margin for error.
Crypto prices
More
