Don’t Be Fooled by Cheap ETH Gas; Look at the Exchange Balances Instead
The Ethereum network is sending deeply conflicting signals this week. On one hand, network activity has ground to a near halt, with gas fees plunging to rock-bottom levels. On the other, a looming “supply shock” on exchanges could be setting the stage for an explosive rally. Gas Fees Collapse as Activity Dries Up As of […]
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