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On-chain data shows the Ethereum exchange deposits have hit an 8-month high, a sign that could be bearish for the cryptocurrency's value.

Ethereum (ETH) Booming Deposits: Insights On Potential

Ethereum’s active deposits surged to a 34-week high. The spike levels last seen since Merge might act as a foreshadowing for increased volatility, according to data analytics platform

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Ethereum Active Deposits Hit 8-Month High; ETH volatility

Exchange Deposits Hit 8-Month High - Cryptostellar

On-chain knowledge exhibits the Ethereum trade deposits have hit an 8-month excessive, an indication that might be bearish for the cryptocurrency’s worth. Ethereum

Ethereum

Ethereum Active Deposits Claim 8 Month High: What’s Next?

Ethereum (ETH) active deposits managed to record an eight-month high, according to the platform's survey

Exchange Deposits Hit 8-Month High - BitcoinNewsInvest

A Recent Tweet By Analytics

ETH Volatility Is Imminent Following a Spike in Active Deposits

A recent tweet by analytics platform Santiment revealed that Ethereum’s active deposits just hit an 8-month high. In

According to the post, Ethereum’s active deposits recently hit an 8-month high. As a result, Santiment predicts that there will soon be an increase in ETH’s volatility –

Ethereum's Fate Hangs in Balance as Exchange

Ethereum Active Deposits Claim 8 Month High: What’s

ETH Volatility Is Imminent Following a Spike in Active

Ethereum

Ethereum ‘s active deposits just hit an 8-month high. As we research the most likely cause, we can currently state that this likely will foreshadow upcoming increased

Ethereum: Analyst Flags Volatility Concerns Amidst Deposits Spike