Ethereum has made a remarkable recovery since the FTX contagion hit the crypto market.
The year started on a bullish note which aided the world’s largest altcoin to sprint towards its pre-FTX market cap levels.
With the most recent increase in Ethereum’s price, some bigger holders have resorted to offloading their assets in a bid to rake in quick gains. Despite this, ITB noted an increase in addresses with larger balances in terms of USD valuations.ADVERTISEMENT
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