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Ethereum Price Forecast: Investors hold steady amid sustained Middle East geopolitical tensions
Ethereum's (ETH) onchain and derivatives data showed investors largely maintained their positions over the past week, even as prices traded relatively horizontally. Following a week of sustained Middle East geopolitical tensions that largely saw Ethereum (ETH) average around $2,000, investors across the whale cohort saw minimal changes in their holdings, while retailers saw outflows. The balance of wallets holding 10K-100K ETH remained unchanged at 20.81 million ETH. However, wallets with a balance of 100-1K and 1K-10K ETH collectively reduced their holdings by 200,000 ETH. Similarly, institutional investors have ... (full story)