Ethereum (ETH) Pulled off Stunning Comeback in Key Network Metric

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Ethereum (ETH) enters recovery mode as network activity rebounds

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Per the chart insight from Ali Martinez, the 139,560 addresses were opened at the price mark of $3,214.14. With the price of Ethereum dropping as low as $2948.46, a major discount window has been created for these new market entrants to make their first Ethereum purchases.The emergence of a spot Ethereum ETF is one major ecosystem boost that the market has been waiting for for a while now.

 

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