This Ethereum On-Chain Data Suggests That Coin Is on Verge of Another Sell-off

This Ethereum On-Chain Data Suggests That Coin Is on Verge of Another Sell-off



Arman Shirinyan

Unfortunately for Ethereum holds, on-chain data shows that assets still remain under pressure

Following Independence Day in the U.S. on July 4th, traders have pushed the price of the second biggest cryptocurrency on the market to local highs, reaching $1,120. Unfortunately, with the price of Ether going back up, we are seeing disturbing on-chain data appearing on the market.

According to Ethereum’s supply on exchanges, we are seeing an intensification of inflows on…


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