Home
News
Details

Ethereum Active Address Count Hits Seven-Month Low Amid Price Decline

iconNewsBTC
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
ETH
$2,989.440.23%
Ethereum news: Active address count fell to 327,000, a seven-month low, down from 483,000 in August. Ethereum price today dropped to $3,100 from $4,800. Analysts link the 32% decline in activity to bearish sentiment. CryptoOnchain says reduced usage reflects a shift to caution. A rebound in active addresses is seen as key to a price recovery.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.