Key takeaways: Long-term investors have been selling 45,000 ETH daily, increasing sell-side pressure. Etherโs 50-week EMA and bear flag breakdown target $2,500. Etherโs (ETH) drop toward $3,000 on Friday was preceded by a significant amount of offloads from long-term holders, which some analysts said may lead to a deeper price correction.ย Long-term holders are offloading Ether long-term holders, entities holding ETH (ETH) for more than 155 days, have intensified their sell-side activity as the price dropped below key support levels. Analyzing ETH spent volume by age, using a 90-day moving…
Long-term holders offload 45K in ETH per day: Will Etherโs price crash?
