Short-term Ethereum holders are cashing out profits as prices surge, indicating the market may be hesitant
🚀 ETH skyrocketed 43% in a month with short-term funds cashing out! Will $4.3K be a key turning point?
In the past month, ETH has surged from a low to $4,283, with short-term holders (<155 days) cashing out profits at a rate of $553 million per day, the highest since December 2024.
Long-term holders, however, remain steady, maintaining a solid chip structure.
📊 Key Data
Current Price: $4,283, just about 12.7% away from the all-time high of $4,828
Resistance Zone: $4,300~$4,700, reaching $4.7K could trigger $2.23 billion in liquidations
Institutional Holdings: Treasury addresses hold 3.04 million ETH, valued at approximately $13 billion
✅ Reasons I am bullish on ETH
Institutions continue to increase their positions—Treasury, ETFs, and DeFi are fully deployed
Long-term chips are stable—short-term cash-outs do not change the long-term capital flow
Ecosystem continues to expand—L2, staking, and on-chain activity remain high
🎯 My focus: If ETH maintains above $4.3K, the space is expected to open up; once volume breaks through $4.7K, the all-time high will be within reach.
📌 My detailed price roadmap and trading strategy are available in the Bamboo Leaf profile, go check it out 🔍#CPI数据来袭 #BTC重返12万 #Strategy增持比特币