Zeus's analysis: The truth behind the data.
Surge in active addresses ≠ bull market is here.
Latest data shows that the number of daily active addresses on Ethereum has soared to 553,000, hitting a one-year high. But don't rush to go all in! Last year's data reached 1.96 million transactions before quickly cooling down; this time it might be another 'flash in the pan' institutional operation.
Zeus's sharp commentary: Just like that fake climax in January 2024, big players used bots to inflate volume and create an illusion of prosperity, resulting in a price halving a month later!
The game of big players, the trap for retail investors.
Currently, Ethereum's single-user TVL has reached $178,700, which is 90 times that of Solana! This indicates that the increase in activity may come from whales flipping stablecoins, rather than real ecological prosperity. A typical case:
Last week, a certain institution circulated USDT through 50 addresses, creating the illusion of 21,000 active addresses.
Uniswap's trading volume accounts for 97% of Ethereum, but 90% comes from <10 market maker addresses.
"L2 grabs users, mainnet becomes a vault."
Zeus's summary.
Short-term: This wave of activity may be 'data makeup' before ETF players pull the market, be careful of becoming the bag holder!
Long-term: Ethereum is becoming the 'crypto Swiss bank' — big players safely deposit money, while retail investors play with MEMEs.
Remember! The market is not wrong, we are! I am Zeus, the top layout team, only serving ambitious madmen with vision!! $BTC