Bitcoinist
2023-05-08 15:00:22

Ethereum Declines As Exchange Deposits Hit Nov. 2021 Levels

Ethereum has registered some decline recently as on-chain data shows an elevated amount of deposits towards centralized exchanges. Ethereum Exchange Deposits Have Spiked Recently As pointed out by an analyst on Twitter, there are signs of increased short-term selling pressure in the ETH market at the moment. The relevant indicator here is the “Ethereum active

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