The trading activity of Ethereum (ETH DAT) has almost completely faded.

According to the latest report from Bitwise, Ethereum (ETH DAT) trading has seen a significant decrease in activity during November, with only 370,000 Ethereum purchased, a decrease of 81% compared to August.

Is this directly related to unfavorable market conditions, or is this model simply of low expected value?

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ETH
ETH
3,109.71
-2.28%