The decline in activity in the network is partly because of the adoption of layer 2 networks, and the trend will continue in the near term, according to IntoTheBlock.
Jesus Rodriguez, CTO of IntoTheBlock and chief scientist of AI firm Invector Labs, delves into the complications and nuances of crypto sentiment analysis.
Fifty-four percent of bitcoin addresses are making money on their investments despite the cryptocurrency's drop to six-month lows, according to data from IntoTheBlock.