$ETH Cost Basis Distribution Heatmap shows profit-taking from buyers around $2,520 — visible in the fading red band since July 1 🔴📉
But they’re still holding nearly 2M ETH 💪
Takeaways:
1️⃣ Strategic profit taking
2️⃣ Expecting more upside
3️⃣ New demand is absorbing supply 📊🚀
