Surprising statistic in ETH: Altcoin rally may be on the way.

According to CryptoQuant’s data, Ethereum (ETH) investors seem to be adopting different strategies despite the market uncertainty.

According to an analyst named “Darkfost” from CryptoQuant, there is a noticeable change in Ethereum investor behavior. So far, while Ethereum whales and small investors have shown signs of inactivity, there has been a large increase in $ETH investments by medium-sized investors.

Darkfost states that addresses holding more than 100,000 Ethereum are largely inactive. This trend is usually seen in individual investors who accumulate smaller amounts of Ethereum. In contrast, addresses holding 10,000-100,000 ETH are slowly increasing their purchases. On the other hand, medium-sized investors with 10,000-100,000 ETH continue to accumulate. However, investors who hold 100-1,000 ETH in their wallets tend to sell.

These behaviors among different investor segments show that there is a complex market outlook for Ethereum. Generally, large investors include institutions, exchanges, and important institutions that can significantly affect market trends. The fact that large investors have not yet made a clear move shows that Ethereum has an uncertain price structure in the short term.

This ongoing uncertainty on the Ethereum side may end with the ETH/BTC parity rising. ETH/BTC, which has been in a downtrend since April 2021, may light the rally fuse for the altcoin market if the breakout occurs. News flow regarding the crypto industry will play a critical role in this process. The rally will strengthen even more with the presentation of positive and important news.

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