The crypto market is showing a negative trend towards ETH. Interest in ETH has dropped drastically.
- Addresses with balances of 100k+ and retail addresses that usually accumulate, appear inactive.
- Addresses with balances between 10k to 100k are still buying, but at a slow pace.
- Addresses with balances between 100 to 1k continue to sell consistently.
This decline may be related to the decline in ETH dominance. However, optimism towards BTC remains high amid market uncertainty.