ETH: even whales express indecisiveness

Assets covered: Ethereum (ETH)

Metrics used: Miners Balance, Mean Dollar Invested Age, Age Consumed, Active Addresses 24h, Holders Distribution, Social Volume, Social Sentiment, Daily Active Deposits, Dormant Circulation 3y, Bitmex Funding Rate, MVRV 365d, Volume of DEX trades, Total Number of DEX trades

Summary: Finding a set of articulated indicators for Ethereum next move. Active Addresses is one of them.


Last weekend started right after the great crypto adoption news of PayPal entering the space. Did the price pump after that? Not really. Even more, there is sudden flip visible in crowd sentiment, considering PayPal news to be not so good. Like this:

Source: reddit

So now FOMO is slowing down a bit.

We could position ourselves for at least one more push up.

But let's see how whales and crowd behave.


Miners Balance

The miners have dumped. Historically every

There’s more of this Insight

Choose your subscription plan

Sanbase PRO
Unlock all PRO insights
$49/mo

Years of market experience, compressed in each report

Since 2017, Santiment has been an industry leader in on-chain data, social intelligence and behavior-based analysis of the crypto market.

Our tools have a proven track record of timing price tops for cryptocurrencies, helping traders find profitable exit points and mitigate HODLing risk.

Our previous TOP calls:
insight card
signal form

What you get with Sanbase Pro:

  • Members-only daily market insights and analysis
  • 30+ on-chain, social & project indicators for 900 cryptocurrencies
  • Custom alerts for the coins' price, on-chain & social trends
  • Santiment Spreadsheet plugin with 10+ pre-made market templates
  • Personalized asset watchlists and weekly performance reports

Gain unfair advantage with Sanbase Pro

Subscribe to Sanbase Pro for access to exclusive insights, market-beating metrics, strategies and templates!