While Ethereum Dropped to Its Lowest Level in the Last 6 Months, a Rise Signal Came!

While the Ethereum price fell to its lowest level in the last six months, it was stated that the activity in stagnant ETH wallets was a rising signal.

On-chain analysis platform Santiment, September 12 dated social media in sharing, He commented on the current situation of Ethereum. Ethereum price first since march times $1,530 The company stated that it fell to the level of old Ethereum whales. to transfers He suggested that it was one of the points that attracted attention.

These two factors coming together are a possible capitulation before return Santiment analysts, who described it as “, despite the declines, old Ethereum investors is cold-blooded and increases their appetite hinted.

However, the demand seen in recent days Most old Ethereum movements in 3 months Analysts, who emphasized that it coincided with the situation, included the following statements in the details of the statement:

Ethereum dropped to $1,540 for the first time since March 12, paralleling activity in legacy Ethereum wallets. This picture, which emerges in parallel with the decline, is a sign of capitulation in a market that has the potential to reverse. This demand was the largest Ethereum demand in the last three months.

Last week, after participating in the Ethereum ICO 8.1 years along still A remaining cryptocurrency whale is on the move again and the popular US cryptocurrency exchange Asset transfer to Kraken He had done it.

According to CoinGecko data, in the last 24 hours %one Ethereum gaining value, at the time of writing from $1,591 finds buyers.


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