Why are active Ethereum traders changing to HODL mode?
Source: Glassnode
In the previous week, with the boost in the variety of active ETH addresses, the rate has actually increased …
Active Supply of Ethereum struck a 7 month low of 25,311,416.050 ETH on October 8, 2020. When Bitcoin’s active supply struck an 18 month low back in July 2020, the rate rally followed. Bitcoin’s cost is increasing at a slower rate, due to shortage of funds and drop in inflow from exchanges, nevertheless, Ethereum reserves on exchanges have actually increased almost 5% given that October 1, 2020.
