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ETH Sell O...
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ETH Sell Off Surge! Who Is Selling Ethereum?

  • Ethereum's price is down over 4% to $2442.32.
  • ETH's Liveliness hits a record high, suggesting long-term holders may sell.
  • Dormant wallets becoming active amid weak demand impact Ethereum negatively.
  • Ethereum chain witnessed a drop from 27.99 million ETH to around $25 million.
  • Weak buying interest and falling capital inflows are pressuring ETH's price.
  • ETF outflows of $11.3 million increase short-term risks for Ethereum.
  • $170 million liquidated in the last 24 hours, leading ETH below $2.5K.
  • Short-term indicators signal sell with ETH stuck below key resistance levels.
  • Potential breakout above $2,800 may push ETH to $3,000 with strong fundamentals.
  • However, a real breakout requires stronger buying momentum to hold.
  • Macroeconomic worsening could lead Ethereum to drop to $2,280.

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