Santiment tweeted today that ETH’s active deposits recently hit an 8-month high and forecasted volatility for ETH. Read more on CE.
- Santiment tweeted this morning that ETH’s active deposits reached an 8-month high.
- This milestone may be followed by increased volatility for ETH according to the post.
- At press time, ETH was trading at $1,900.06 after experiencing a 24-hour drop.
The blockchain intelligence firm Santiment shared a recent milestone for Ethereum (ETH) in a tweet this morning. 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 – similar to the volatility spikes seen during the Merge and FTX collapse.