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Bitcoinist

2022-12-26 19:00:09

Ethereum Bearish Signal: Network Demand Remains Low

Ethereum Bearish Signal: Network Demand Remains Low

On-chain data shows the demand on the Ethereum network has continued to drop recently, a sign that could be bearish for the asset’s value. Ethereum Total Transaction Count Continues To Go Down As pointed out by an analyst in a CryptoQuant post, the ETH transaction count has observed a significant plunge recently. The “transaction count

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