Chart description
This chart serves as a useful tool for analyzing the relative investor flows between the ETH and DeFi-Sector by examining the correlation between ETH price movements and the amount of active addresses DeFi tokens.
An uptick in on-chain address activity indicates periods of heightened interest as investors engage in trading and acquire DeFi token.
š¢ A high positive correlation implies that increases in ETH prices potentially drives demand for DeFi tokens.
š“ A high negative correlation suggests that a sector's token activity intensifies during a decline in ETH prices, which could serve as an indicator for investors offloading riskier assets.
Metrics details