⭐⭐Will Ethereum Long-Term Investment Be Profitable? ⭐⭐

Ethereum Long-Term Investors Are Increasing Their Sales, Liveliness Reached Record Levels

Ethereum's long-term investors (LTHs) have recently increased their sales. One of the on-chain data metrics, Ethereum Liveliness, peaked at an all-time high on June 20, confirming this selling pressure. This development occurs during a period when the overall market momentum has weakened, and investors are behaving cautiously.

According to Glassnode data, the Liveliness ratio of ETH has risen to 0.69. This metric measures the mobility of tokens that have been held for a long time. When the value increases, it indicates that long-term holders are preparing to sell by moving their coins to exchanges. Therefore, this increase in Liveliness shows that a significant portion of Ethereum is being converted to liquidity.

The weakness in Ethereum's price movement is also supported by the Chaikin Money Flow (CMF) indicator. Currently, the CMF is in negative territory and around -0.08. This situation reveals that capital inflow in the market has decreased and buying interest has fallen. A negative CMF indicates a market characterized by increased selling pressure and distribution rather than accumulation.

ETH is currently trading around $2,429. If long-term investors continue to sell, the price is likely to decline to the $2,185 level. If this support area is broken, the coin may drop to the $2,027 level seen in May.

On the other hand, if new demand increases and buying strengthens, selling pressure could reverse. In such a scenario, the price of Ethereum could rise towards $2,745.

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