$ETH ๐™€๐™ฉ๐™๐™š๐™ง๐™š๐™ช๐™ข ๐™๐™ง๐™–๐™ฃ๐™จ๐™›๐™š๐™ง ๐˜พ๐™ค๐™ช๐™ฃ๐™ฉ ๐™Ž๐™ช๐™ง๐™œ๐™š: ๐˜ผ ๐™ƒ๐™ž๐™จ๐™ฉ๐™ค๐™ง๐™ž๐™˜๐™–๐™ก ๐™’๐™–๐™ง๐™ฃ๐™ž๐™ฃ๐™œ ๐™Ž๐™ž๐™œ๐™ฃ๐™–๐™ก?

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While high network activity often signifies adoption, a sudden โ€œparabolicโ€ rise in transfer counts near price highs typically indicates an overheated network. This metric often spikes during moments of extreme market capitulation or euphoria.

ยฉ CryptoQuant