Ethereum DAT Purchases Plummet 81% – Analysis of Ethereum’s Market Trends

Digital Asset Treasury (DAT) companies significantly reduced their Ether purchases in November, acquiring just 370,000 coins compared to a peak of 1.97 million in August. This decrease was attributed to a reversal of the trend seen during the mid-year altcoin season, when DATs amassed substantial Ether holdings. Analysts attribute this shift to the normalization of Ethereum’s price trajectory and a return to more traditional investment strategies.