Ether drops below $3,800, but traders are unwilling to short at current levels
Ethereum network saw a nine-fold increase in its smart contract deposits, but a descending channel continues to pressure the price.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Ethereum network saw a nine-fold increase in its smart contract deposits, but a descending channel continues to pressure the price.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
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