Hanada
@hanada
This chart, though not accurate but a good approximation, shows flow of ETH out of centralized exchanges. After the merge in Sept 22, the outflow of ETH has accelerated but its value has remained more or less the same indicating ETH price could shoot up any moment
1 reply
0 recast
1 reaction
Hanada
@hanada
Trading volume of BTC is 2× that of ETH on centralized exchanges (at the moment). From past experience we know that BTC takes 8-18 month to skyrocket after halving. ETH merge happed Sept 22 which counts for 3 halvings. Looking at these numbers, we could be 2.5 months away from the merge affect to take place.
0 reply
0 recast
0 reaction