$ETH -based USDT active addresses hit a new 30-day average high of 300,000, signaling increased on-chain activity. NS3.AI links this to $BTC failing to break the $92,000 resistance, causing its price to drop. The surge in USDT activity is driven by funds moving into DeFi protocols and self-custody wallets on Ethereum, not centralized exchanges.
BTC
88,025.65
-1.47%
ETH
2,939.97
-2.61%