Smart DEX Traders on #Ethereum chain are move actively buying than ever over the last 1 year?

After the #election, we quickly track daily-recorded number of buy and sell trades on Ethereum chain of iCrypto's SDT since July, 2023.

Some takes:

- Difference of Buys and Sells (Buy Txs minus Sell Txs) and their 7D averages turned positive and have risen non-stop since May 11, 2024.

- SDT continuously increases their number of buy txs, although $ETH are still going sideways in monthly time frame since August, even after major corrections of ETH after the previous bull run.

This could reflect:

- Their growing bullish sentiment compared to the previous bull run.

- On-chain Ethereum-eco tokens are attracting their money flows.

However, is this enough to deny negative comments on Ethereum's chain? What is your opinion?