Glassnode: The current cost base level for ETH investors may be in the $2800 range, and selling pressure is gradually increasing
Online reports that online analysis platform Glassnode issued an article on the X platform saying that the current basic investor cost level of ETH may be around US$2800. As the price approaches this price range, seller costs are gradually increasing, because many previously held large amounts of money investors may seek to reduce risk near the break-even point. In addition, if prices stagnate, investors holding positions at that price level may intensify rapid selling. If ETF funds flow out or whale withdrawals, market sentiment may change.
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