Darkfost2024-09-17

Declining Interest in ETH

There’s clearly a lack of interest in ETH these days. Addresses holding 100k+ balances, along with accumulating retail addresses, appear to be inactive. Addresses with balances between 10k and 100k are buying, but at a slow pace. Meanwhile, addresses holding 100 to 1k continue to sell steadily. This trend could also be linked to the decline in ETH dominance.