Amazing Insider! Ethereum Exchange Inflow Plummets, Investors Have Secretly Positioned, Is ETH About to Soar?
The current price of Ethereum is approximately $3,130, although it is a bit lower than the peak of $3,434 on November 12, many investors feel that this is just a temporary drop, and they are waiting for the price to rebound.
From some data, it can be seen that investors are now more inclined to hold ETH rather than rush to sell. For example, the amount of ETH sent to exchanges has decreased, which means that people are less eager to sell. So far, about $780 million worth of ETH has been withdrawn from exchanges, which is less compared to November 15. Therefore, if this trend continues, the likelihood of the ETH price falling below $3,000 is small.
Additionally, from another indicator, it can be seen that the number of people buying ETH is greater than those selling ETH, indicating that the price may stabilize or continue to rise.
Using an indicator called "in-the-money and out-of-the-money" for analysis, there are about 3 million addresses that bought 3.56 million ETH at around $3,075, making this a key support level. These investors have not sold yet, and it is estimated that they may consider selling when the price rises to between $3,251 and $3,591.
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