Over the past two weeks we have seen a significant drop in Ethereum participation. This was undoubtably due to the miscalculation on how much miners and the revenues that came from mining was entering the ecosystem everyday. Now with all new emission not entering the ecosystem, a drop of 80%+ activity on ethereum has occurred. This is one of the calculations people were not expecting, but has shown to be a pretty large impact to projects and values so far.
#ethereum #merge #bitcoin