According to Glassnode's data, the number of addresses holding more than 10,000 ETH has reached a six-month low, indicating that big players may be selling their assets. However, Santiment's data suggests that investors are accumulating ETH, with the supply held by top addresses increasing significantly in the last 30 days. Despite some market indicators pointing towards a price uptrend, Ethereum's exchange reserve has increased and its taker buy/sell ratio is red, indicating dominant selling pressure in the market.
All Comments