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Ethereum Breaks Above Key Realized Price Zones—What It Means for ETH

  • Ethereum (ETH) experienced a slight price pullback in the past 24 hours, but remained over 30% higher than the previous week.
  • Ethereum's rally into new price zones has pushed it above crucial realized price levels, prompting monitoring of realized price data by analysts like BlitzzTrading.
  • Different wallet cohorts for ETH have varying average cost bases, with prices ranging from $1,222 for wallets over 100,000 ETH to $2,225 for balances between 100-1,000 ETH.
  • Profit-taking behavior by Ethereum whales, holders of over 10,000 ETH, can impact market trends with potential implications for short-term price movements.

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