Ether profit taking on the rise as ETH tiptoes near $4.3K

Key Points

1. Ether's price has risen 43% in the past month, trading at $4,283, nearing its all-time high of $4,828 from November 2021.

2. Short-term Ether holders are realizing significant profits, with daily profit-taking averaging $553 million, according to Glassnode.

3. Long-term Ether holders (holding ETH for more than 155 days) are taking profits at levels similar to December 2024, showing less urgency compared to short-term traders.

4. Profit realization is currently 39% lower than the peak levels seen last month when ETH was near $3,500.

5. Analysts highlight $4,300 as a critical resistance level for Ether, with potential liquidations of $2.23 billion in positions if the price drops below $2,000.