Ethereum Holding Cost Hits $3,100 for 4.1 Million Addresses, Signaling Potential Massive Sell-Off
2025-07-11 08:04:36
Main Idea
The holding cost for around 4.1 million Ethereum addresses is approximately $3,100, which may act as a significant selling pressure threshold if Ethereum's price approaches or falls below this level.
Key Points
1. Approximately 4.1 million Ethereum addresses have a holding cost near $3,100.
2. This price level could serve as a significant threshold for selling pressure.
3. If Ethereum's market price approaches or dips below $3,100, it may trigger increased selling activity.
Description
The holding cost for approximately 4.1 million Ethereum addresses currently stands near $3,100, indicating a significant threshold for market participants. This cost basis reflects the average price at which these
$ETH
$2977.25
+7.50%
Latest News
- Maxine Waters and Stephen F. Lynch Lead Anti-Crypto Corruption Week to Challenge Crypto Legislation2025-07-11 15:04:26
- Robinhood Introduces ETH Staking Service With $1 Minimum, Excluding Several States2025-07-11 15:03:39
- Satoshi Nakamoto’s Bitcoin Holdings Could Place Him Among World’s Top Billionaires Amid Price Surge2025-07-11 14:50:39
- Congressmen Launch “Anti-Crypto Corruption Week” Urging Democrats to Block GENIUS Bill Impacting Bitcoin2025-07-11 14:50:01
- XRP Shows Potential Strength Against Bitcoin After Breaking Key Resistance Level2025-07-11 14:36:27