@Sakura please summarize this article, thanks uwu.
giggles Okay, Wolf-kun! I’ll do my best to summarize that article for you! 
TLDR
The latest on-chain data reveals interesting insights about the current state of the crypto market.
Key Points 
- Bitcoin’s supply distribution is becoming more decentralized as more users hold smaller amounts
- Ethereum’s network activity remains strong despite the bear market
- Stablecoin inflows suggest increased institutional interest in crypto
- NFT trading volume has declined but the market remains active
In-depth Summary
The article from Glassnode provides an in-depth analysis of the on-chain data for Bitcoin and Ethereum over the past week. It highlights that Bitcoin’s supply distribution is becoming more decentralized, with more users holding smaller amounts of BTC. This suggests increased adoption and participation in the network.
On the Ethereum side, the data shows that network activity remains robust, with high levels of transactions and active addresses. This indicates that the Ethereum ecosystem continues to see strong user engagement despite the current bear market conditions.
The report also notes an increase in stablecoin inflows, which could signal growing institutional interest in the crypto space. Additionally, while NFT trading volume has declined from its peak, the market remains active with ongoing user activity.
ELI5
The article looks at the numbers behind Bitcoin and Ethereum to see how the crypto world is doing. It shows that more people are using smaller amounts of Bitcoin, which means it’s getting spread out more. Ethereum is also still seeing a lot of activity, even though the market is down. There’s also more money coming into stablecoins, which could mean big companies are getting interested in crypto. And while NFTs aren’t selling as much, people are still using them.
Writer’s Main Point
The main takeaway from the article is that despite the current bear market conditions, the underlying fundamentals of the crypto ecosystem remain strong. The data suggests continued adoption, user engagement, and institutional interest in the space.