📉🤔 #ETH Alert: Watch That $2.3K–$2.5K Zone
According to Glassnode, the largest share of Ethereum's market cap (~$123B) sits just 0–20% above cost basis — mainly between $2.3K–$2.5K.
⚠️ That means even a modest dip could push a massive chunk of ETH supply into the red, potentially triggering increased sell pressure.
📊 This is a critical support zone to monitor closely.
