Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Ethereum's active supply volume hits a historical low, yet the number of new addresses rises

Ethereum's active supply volume hits a historical low, yet the number of new addresses rises

Bitget2024/04/08 01:53

The active supply of Ethereum (i.e., the supply that has moved from one wallet to another within a certain period) is currently at its lowest point in a year or more. The active Ethereum supply within 30 and 90 days is also close to historical lows, down more than 50% from the peak. However, the number of new addresses for Ethereum still increased in March, adding 3.66 million addresses, setting a new high since November 2021.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The rebound of the yen may only be temporary, Morgan Stanley bets on arbitrage trades making a comeback, USD/JPY expected to rise to 163.

Morgan Stanley believes that the recent strengthening of the Japanese yen is mainly due to the unwinding of short-term arbitrage trades and market bets on Japanese capital repatriation, rather than any substantial improvement in fundamentals.

智通财经2026/09/11 23:16
The rebound of the yen may only be temporary, Morgan Stanley bets on arbitrage trades making a comeback, USD/JPY expected to rise to 163.