Ethereum's May Performance Shows Historical Trends

According to BlockBeats, data from Coinglass shows that since 2016, Ethereum has had mixed results during the month of May—recording gains in six years and losses in three. The biggest increase happened in May 2017, when Ethereum surged by 161.43%, while the sharpest drop came in May 2022, with a decline of 28.85%.

From 2016 to now, Ethereum's average return for May is 27.39%, with a median return of 7.09%.

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