A naukri.com initiative
TronWeekly
2w
365
Image Credit: TronWeekly
Ethereum Whales Dump 500K ETH as Dominance Crashes to 5-Year Low
- Whales have offloaded over 500,000 ETH in the past 48 hours, intensifying selling pressure.
- ETH’s dominance has plunged to 8%, marking a 60% drop since mid-2023.
- Record-low fees and burn rates post-Dencun upgrade have worsened ETH’s inflation problem.
- Decreasing network activity and increasing inflation are contributing to Ethereum's long-term downtrend.
Read Full Article
22 Likes
For uninterrupted reading, download the app