over the past few days. The metric hit a 13-month All-Time high . At press time, it was 602.618— a figure it had not reached since June 2021.This action further proves the assumption that investors do not plan to hold their ETH on centralized exchanges as the Consensus Layer launch draws closer. So, how has this affected the ETH price movement?While the ETH trading volume had increased 2.98% over the last 24 hours, its price had dipped slightly.
A look at Santiment data showed that the daily active ETH addresses had increased. As of 19 July, it was 487,070. However, it hadSource: Santiment
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