Ethereum Sees Massive Capital Influx Amid Mixed On-Chain Activity

Ethereum has seen significant capital inflows amidst mixed on-chain activity, according to recent data.

The total inflow of capital into the Ethereum chain reached $83 million over the past day, with a netflow of $58.5 million, as reported by Artemis.

This large influx of capital often correlates with Ethereum sustaining its long-term run, especially when sustained over weeks.

However, despite this growth in on-chain activity, trading volume across decentralized exchanges on Ethereum has continued to fall, dropping by around 22% in the past seven days alone, as reported by DeFiLlama.