Offering a key takeaway, Darkfost noted that the consistent rate of this decline indicates that there has been a high demand for ETH in recent days, while Binance’s internal transfers might have contributed to the surge.
At the time of writing, the price of ETH remains bearish and was trading at $4,398, demonstrating a nearly 4% decline in the last 24 hours. Investors’ sentiment has turned negative, as data from CoinMarketCap shows that its trading volume has reached a 10% decline in the past.
