Ethereum’s exchange volume has decreased by 30% in the past 24 hours, reinforcing the scarcity of Ethereum. Both in the short and long term, the sentiment seems to be full of bullishness for Ethereum. The current market news has a largely positive impact on Ethereum prices. Ethereum’s July update is expected to increase its demand. Data based on skew shows that Ethereum’s quarterly returns have been positive in the past six quarters. Given the current trading volumes on spot and derivatives exchanges, Ethereum’s returns over the next quarter are likely to be largely positive. According to the above chart, the consolidation of Ethereum has begun, and the holding addresses after this consolidation and selling phase range from holding 10 ETH to 1000 ETH, and the size of the configuration address ranges from 10000 ETH to 100,000 ETH. |
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