cryptocurrencies to the exchange platform, which could potentially lead to a sell-off in the near future.

What Does It Mean?

The surge in Ethereum exchange deposits could be a sign of increased selling pressure in the ETH market. This could lead to a further decline in the price of Ethereum if the trend continues. Investors should pay close attention to the “Ethereum active deposits” metric in order to monitor the level of exchange activity and decide on their next move.

• Ethereum has seen a decline recently due to an increase in deposits to centralized exchanges. • An analyst on[…]