Analyst: If Ethereum returns to $2460, it can alleviate the selling pressure of 68.35 million ETH
According to on-chain analyst Ali, Ethereum needs to firmly hold at the $2,460 price level in order to maintain investor confidence. If it can stand firm above this price level, it may alleviate the selling pressure from 11.64 million investors holding 68.35 million ETH.
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.
You may also like


Holding steady at $4,100! Oil price plunge eases inflation concerns, gold continues post-election rally, but rate hike fears persist
Gold prices closed higher on Monday, holding above $4,100 per ounce, as falling oil prices eased inflation concerns and dragged the US dollar lower. At the same time, investors increasingly expect the Democrat-controlled Congress to promote an end to the Middle East war.
