While ETH’s price action remains weak, rising institutional investor inflows and surging network activity suggest that Ether is building a base for a possible rally to $2,400.
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Ethereum’s price and its short-term holders are currently and simultaneously exhibiting bearish activity. While the downward price trend has continued, the activity of short-term ETH holders has followed closely, as the group has simply transitioned into a selling mode. Negative Supply Flow For Ethereum Short-Term Holders As Ethereum’s price loses its upside momentum, on-chain data […]