Ethereum ($ETH) is currently encountering a crucial scenario with a significant drop in transfer counts. The notable dip in Ethereum’s ($ETH) transaction count occurs despite the resilience shown by its price. As per the data from CryptoOnchain, a prominent crypto analyst, amid the decreasing number of transfers, the price of $ETH is retesting its local peaks. Hence, the increasing distance between Ethereum’s network activity and price indicates a bearish divergence. Based on the on-chain data, the cumulative transfer count of Ethereum ($ETH) has dropped to a significant extent. This reportedly highlights a clear ... (full story)