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Ethereum: This metric underlines change in investors’ sentiment
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People have been feeling the heat of falling prices throughout 2022. Even after the recent rebound, exchange balances have been rising while the top non-exchange balance continues to decrease.It is no secret that crypto prices have dropped ridiculously over the first half of 2022.Like other cryptocurrencies, ETH is seeing a rise in supply held on exchanges.
According to the analytic firm Santiment, traders have been actively dumping their holdings on to large exchanges during the 2022 slide.The update by Santiment also pointed to the ratio of non-exchange vs.
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