Glassnode Analysis: ETH Price Faces Resistance After Surpassing $2500
ChainCatcher reports that Glassnode data shows the ETH price surged from $1800 to $2500 due to low supply concentration in this range. The rally was halted near $2580, a level holding about 1.3 million ETH; as the price approached, the supply dropped to 1 million, indicating holders exiting near the cost price.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CIM Group director Jason K. Schreiber sells 21,416 common shares for $110,081.99
CIM Group CEO Richard S. Ressler acquires 526,808 common shares for $2.71 million
Willdan director Thomas Donald Brisbin disposes of 3,439 common shares worth $303,692.41
Analog Devices Insider Sold Shares Worth $545,475, According to a Recent SEC Filing
Crypto prices
More
