The Metric That Says A Further 50% Drawdown For Ethereum Is Possible

The Metric That Says A Further 50% Drawdown For Ethereum Is Possible


Bitcoinist
2022-06-27 19:00:20

Past trend of the Ethereum value captured per byte metric suggests that a 50% drawdown from here is still possible for ETH. Ethereum Value Captured Per Byte Currently Stands At $0.30, Double The Previous Bear Bottoms As per the latest data released by Glassnode, ETH may still possibly have potential for a further 50% plummet […]