Ethereum Price Stagnation Reflects Subdued On-Chain Activity as Market Awaits Catalyst

TLDR: Ethereum remains trapped near $2,800 for nearly a month after steep decline from $4,800 peak. Arbitrum weekly netflows show subdued activity, reflecting cautious positioning from major traders. Volatility compression suggests potential energy buildup preceding sharp directional price movement. On-chain metrics may provide early signals when market participants commit capital for breakout move. Ethereum has [...]

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