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.
Written by Darkfost