3/ Supply into exchanges is generally seen as a sell signal.
As you can see from the chart ETH has declined from 2100 to 1800 level during this period. However, the broader sentiment is still bullish or at least not bearish so to speak.
Hello, this Comment has been upvoted with 50%, thanks to @milaan who burned 500 PLANET With this burn @milaan is actively participating in the CLEAN PLANET reward protocol. @milaan is helping @cleanplanet to grow with the curation. Thanks for your help @cleanplanet
2/
There is a clear spike in supply into exchanges in ETH and this figure grew from 12.53 Million (19th April) to 12.87 Million on 6th May.
3/ Supply into exchanges is generally seen as a sell signal.
As you can see from the chart ETH has declined from 2100 to 1800 level during this period. However, the broader sentiment is still bullish or at least not bearish so to speak.
Hello,
this Comment has been upvoted with 50%, thanks to @milaan who burned 500 PLANET
With this burn @milaan is actively participating in the CLEAN PLANET reward protocol.
@milaan is helping @cleanplanet to grow with the curation.
Thanks for your help
@cleanplanet