An Ethereum wallet address is a unique string of letters and numbers used to identify a specific account and to receive and send ETH and other cryptocurrencies. It usually consists of 40 hexadecimal characters, starts with "0x", and follows the format of a checksum and public key hash. There are two types of wallet addresses: external ownership addresses and contract addresses, which are associated with individuals or entities and smart contracts respectively. Ethereum wallet addresses are used to receive and send tokens, interact with smart contracts, and store and manage digital assets.
Ethereum Wallet Address
An Ethereum wallet address is a unique string of letters and numbers used to identify a specific account on the Ethereum blockchain and to receive and send Ethereum (ETH) and others Cryptocurrency.
Structure
Ethereum wallet addresses usually consist of 40 hexadecimal characters (0-9 and a-f) and start with "0x", for example:
0xDE0B295669A9FD93D5F28D9EC85E40F4CBDF94A2
Format
Addresses also follow the following Format:
Types
There are two types of Ethereum wallet addresses:
Uses
Ethereum wallet addresses are used to:
Ethereum (ETH) Price Updates
As of 10:00 AM on July 25, 2024, the price of Ethereum (ETH) is $3,203.96, with a 24-hour trading volume of $187.15 billion. The price of ETH fell by 6.59% in the past 24 hours.
Price Moving Factors
The price drop may be attributed to the following factors:
Future Price Movement
ETH’s price action is difficult to predict, but analysts believe it is likely to remain volatile in the short term.
Action Guide
Investors should pay close attention to market dynamics and assess risks before deciding to trade.
Short Term Forecast
ETH is expected to continue to fluctuate over the coming hours to days. However, no drastic changes are expected.
Indicator
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