Odaily Planet Daily reported that Santiment has stated in X that ETH has shown signs of a moderate Rebound, with the market price rising to $2,745, outperforming most AltCoins earlier this week. Long term, ETH continues to move at an amazing speed from exchange to Cold Wallet, with only 6.38% of the supply available on exchange (the lowest level since its creation). At the same time, the community showed renewed interest in ETH in February. After underperforming in 2024 compared to other high-cap coins, people began to expect a Rebound in ETH when the market fully recovers.

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Event ends: August 9, 16:00 UTC
More details: https://www