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