GlassNode: ETH has a large distribution of chips around $2,800, and selling pressure may increase
2025-05-25 01:27:29
According to glassnode on the X platform, ETH has a significant investor chip distribution around $2,800. As the price approaches this area, seller pressure is likely to increase as many holders who previously bought at high prices may seek to reduce their risk near the break-even point.
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