@BOMBERuss 2 June 2022 more from that month

Over the past five weeks, a record number of #Ethereum (ETH) coins have been transferred to #cryptocurrency exchanges since May 2021. According to the analytical company Santiment, #ETH stocks on trading platforms began to gradually decline at the end of March. However, in May, the trend changed because traders began actively transferring Ethereum to trading platforms. In total, exchange users replenished the balance in ETH in the amount of $ 2.21 billion. Such a large influx of Ethereum to trading platforms has not been observed since May last year. In 2021, this phenomenon coincided with a 61% dump of the cryptocurrency exchange rate, since April of this year, ETH has fallen in price by only 53%. Taken together, these factors indicate the continuation of the downward trend.