Ethereum has dropped significantly since its peak, trading just above 2,000 USD. The recent trading volume on decentralized exchanges (DEXs) is approximately 1,020,000,000 USD, reflecting reduced user activity.
The Monthly Active Users (MAU) have decreased from 15,300,000 to 12,700,000, with many users potentially selling their holdings. This shift may lead to increased pressure on Ethereum’s price across the market.
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