Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Glassnode report: ETH long-term holders unwilling to sell at current prices

Glassnode report: ETH long-term holders unwilling to sell at current prices

Glassnode2024/05/10 11:25
By:Glassnode

According to Odaily Planet Daily, a market analysis report released by Glassnode pointed out that although many long-term ETH holders already have sufficient profit margins, they do not seem willing to sell in large quantities at the current price and are still waiting for a better selling position. When analyzing Ethereum's market value to realized value ratio (MVRV) indicator, the report stated that the total average cost of ETH short-term holders (within 155 days) is $3,000, and a new market decline may trigger panic among these entities.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Hyperliquid (HYPE) Price Prediction 2026: Will Rising Adoption Propel It to $90? While Qubetics Presale Smashes Past $18 Million

Explore Hyperliquid's HYPE price prediction for 2026, with projections as high as $90. Discover Qubetics' $18M presale and how its Layer 1 wallet is redefining decentralized autonomy.The Rise of Hyperliquid: A Quiet Revolution in DeFiQubetics: Enabling Secure Digital Autonomy Through a Non-Custodial Multi-Chain WalletConclusion: Hyperliquid and Qubetics Define DeFi’s Next Frontier

Coinomedia2025/06/18 19:01
Hyperliquid (HYPE) Price Prediction 2026: Will Rising Adoption Propel It to $90? While Qubetics Presale Smashes Past $18 Million

Bitcoin Cycle Predicts $205K Peak in 2025

Bitcoin may hit $205K in 2025 if its 3-year growth, 1-year consolidation cycle holds true, signaling a potential 120% rally ahead.BTC’s Proven 4-Year Pattern Returns$205K in Sight: Can BTC Double Again?Why This Matters for Investors

Coinomedia2025/06/18 19:00
Bitcoin Cycle Predicts $205K Peak in 2025