Probably the most telling metrics available. Total number of accounts ever increasing, the vast majority of these are non-human and throwaway never to be used again likely created for backend use
Actual active and new accounts is a stark contrast where they show virtually zero growth since inception.
Pointing out obvious weakness is not an opportunity to take offense, it's an opportunity to acknowledge improvement is needed
Just a few more sleeps until Flaredrops end.
Some sell offs before flaredrop end were always expected, still expect to see sell offs of any protocol or project that relies heavily on the drops as their main source of hype.
Panic may ensue for a few but it will be overshadowed by the fact that inflation will be significantly cut and vaporware projects finally see the door.
The swamp will be drained.