4,148 ETH Worth $7M Was Just Burned

On Sunday a total of 4,148.84 Ether (CRYPTO: ETH) worth $7,641,084, based on the current value of Ethereum at time of publication ($1,841.74), was burned from Ethereum transactions.

Ethereum price prediction: Fed and options expiry in focus

The other important catalyst for Ethereum price will be the upcoming options expiry. Data compiled by Coinglass shows that there are now over 2,206,619 ETH calls and 755,222 puts in the options market. Historically, Ethereum tends to show some volatility ahead of options expiry.