Ethereum on Cusp of Breaking Out As Traders Rotate Memecoin Profits Into ETH, Says Analytics Firm

A leading analytics firm says that Ethereum (ETH) is flashing a bullish on-chain signal as traders pile into the leading smart contract platform. Santiment says that Ethereum is witnessing a strong surge in active deposits, a metric that tracks the number of unique deposit addresses on an exchange that have been active on a particular The post Ethereum on Cusp of Breaking Out As Traders Rotate Memecoin Profits Into ETH, Says Analytics Firm appeared first on The Daily Hodl .