Is Ethereum’s Declining Interest a Cause for Concern? CryptoQuant Hint

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Ethereum’s popularity appears to be waning, as data from CryptoQuant highlights reduced activity from key investor groups. Large addresses holding over 100k ETH, as well as smaller retail investors, remain inactive. Although mid-sized investors with 10k to 100k ETH are accumulating, their buying pace has slowed. Meanwhile, holders of 100 to 1k ETH continue to sell off steadily. This declining interest is also reflected in Ethereum’s shrinking market dominance, signaling a potential shift in sentiment towards the cryptocurrency.