BlockBeats news, on May 9th, according to Santiment analysis, after the recent Pectra upgrade, ETH prices have performed poorly, and some traders, especially retail investors, have sold their ETH in favor of other Memecoins.
However, following the panic among retail investors, ETH has shown a different performance in the past two days, returning above $2075 in just over six weeks, which may demonstrate reverse operations to counter the retail group and profit.