Recently, the Ethereum (ETH) market has shown significant signs of cooling. Since the attempt to break the historical high on August 13 failed, the price of ETH has continued to decline. In the past five days, due to increased selling pressure from profit-taking, the price of ETH has dropped by 10%, from $4783 to $4129, and the market expects this downward trend may continue.
According to data analysis from Alphractal, as the price of ETH soars, the number of large holders (commonly known as "whales") holding over 100,000 ETH shows a significant downward trend. From over 200 whale addresses in
According to data analysis from Alphractal, as the price of ETH soars, the number of large holders (commonly known as "whales") holding over 100,000 ETH shows a significant downward trend. From over 200 whale addresses in
ETH-0.98%