Has anyone noticed that the on-chain volume has dropped by 70% in just three weeks? The market signals reflected behind this data are worth following. A sharp decline in trading activity often indicates a shift in market sentiment and may mark a critical node in a certain cycle phase. This market trend indeed needs to be kept an eye on.
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DefiEngineerJack
· 10h ago
well, *actually* if you're just looking at raw on-chain volume without normalizing for MEV extraction and sandwich attacks, you're already looking at garbage data tbh. 70% drop sounds scary until you realize most of that was probably just liquidation bots thrashing around. show me the formal verification or it didn't happen
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ForkYouPayMe
· 10h ago
70%? Wow, this data is scary. Are we going to have another round?
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just_another_wallet
· 10h ago
70%? Wow, this data is outrageous, I suspect there's a problem.
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RektButSmiling
· 10h ago
70%? Wow, this data is a bit scary, could it be that everyone has gone to play with new coins?
Has anyone noticed that the on-chain volume has dropped by 70% in just three weeks? The market signals reflected behind this data are worth following. A sharp decline in trading activity often indicates a shift in market sentiment and may mark a critical node in a certain cycle phase. This market trend indeed needs to be kept an eye on.