Quantitative analytics company CryptoQuant says that Ethereum (ETH) is potentially on the edge of another large sell-off event due to a number of on-chain factors.
The firm says that the Shanghai Hard Fork, which is slated for March of next year and will result in the unlocking of at least 15.3 million ETH, may have implications on the leading smart contract platform’s price.
CryptoQuant also says that as staked ETH amasses, Ethereum reserves on crypto exchanges trends…
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