Ethereum In Bleak Situation? Sharks & Whales Continue 4-Month Long Selloff
On-chain data shows the Ethereum sharks and whales have continued to sell for four months now, a sign that the asset may not recover soon. Ethereum May Not Be In The Best Situation Right Now In a new insight post, the on-chain analytics firm Santiment has looked into how the various metrics related to Ethereum look like at the moment to get hints about the asset’s future outcome. First, the analytics firm has discussed the asset’s “transaction volume,” that is the daily total number of tokens that are being transferred on the network. Here is a chart that shows the....
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