Ethereum hits six-month low: Is capitulation on the horizon?

Ethereum has reached a six-month low of $1,540, accompanied by significant changes in the movement of old coins, suggesting the possibility of capitulation, according to on-chain analytic platform Santiment. The Mean Coin Age (MCA) indicator has dropped, indicating a large movement of long-term inactive coins on the Ethereum network. This data aligns with Santiment’s belief […]