Ethereum Sees Sharp USDT Wallet Drop as Network Fees Collapse
Ethereum
Ethereum-based USDT has lost 251,350 non-empty wallets in just 11 days, according to Santiment data. Average Ethereum transaction costs have fallen from $0.72 in April to $0.095, an 86.8% decline. The combination of cheaper mainnet transactions, expanding Layer-2 capacity and shifting USDT balances shows how Ethereum's liquidity landscape is changing.
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