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Ethereum (ETH) Exchange Reserves Drops to 2018 Levels - Is This a Price Rally Signal?
Ethereum price broke $2,000 on Monday, November 20, after consolidating at the $1,950 area over the weekend. On-chain analysis uncovers how US-based corporate investors have reacted to Blackrock’s recent ETH filing. Ethereum Exchange Reserves Dropped to a 5-year Low: Ethereum price reclaimed $2,000 on Monday. On-chain data shows corporate investors have entered a race to accumulate ETH following Blackrock’s Spot ETH filing. Ethereum price has moved sideways over the past week. But a closer look at recent on-chain data trends show that ETH investors have started making strategic bullish moves in the aftermath of ... (full story)
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- Posted: Nov 20, 2023 11:48pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 94
