During the period of fear and macroeconomic uncertainty in the market, panic sales are increasingly fixed among owners of the second capitalization of cryptocurrency, experts drew attention.
Over the past three months, the broadcast of the broadcast has fallen by 65%, which is similar to the situations of 2018 and 2022, when the coin came across the collapse of the quotes and a long bear cycle. Such a situation marks the phase of surrender, and as a rule is formed at the very end of the descending trend.
According to Cryptoquant experts, now the vast majority of broadcast holders incur losses at the average cost of acquiring an asset of $ 2200. Most likely, cryptocurrency will reach the bottom at $ 1000 in the next few weeks, and then the rebound will follow.
Earlier experts of The Block They saidthat the cost of transactions in the Ethereum decreased 60 times compared to last March. The significance has been the historical minimum since February 2020.
Source: Bits
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