#ETHCrossed2500
The realized price in the cryptocurrency market is an important indicator, as it represents the average cost of purchasing all traded coins. When an asset trades at a price higher than its realized price, it indicates a positive market where the majority are making profits, while trading below it reflects a phase of losses and negative sentiment among investors.
According to data from Binance, Ethereum is currently trading above the $1900 level, which is higher than its realized price. This is attributed to significant activity from long-term investors, along with active deposit and trading movements from accumulation addresses.
Although the market recovery began in mid-April, the notable rise in the price of Ethereum occurred just last week, reflecting renewed confidence in the asset by major investors. The outflow of large amounts of Ethereum from Binance – the largest exchange by trading volume – indicates accumulation behavior from investors, which enhances the likelihood of the upward trend continuing.