Altcoins News
By Sakamoto Nashi
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Ethereum, the second-largest cryptocurrency in the world, is currently at a critical moment that could mark a major turning point in its price trajectory.
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One of the clearest signs is that long-term Ethereum holders are starting to sell at a loss.
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Supporting this view is a noticeable increase in on-chain activity. Ethereum’s network has seen a spike in the number of daily active addresses and transactions, even as prices…
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Whale movements have also added fuel to this narrative. Over half a million ETH have changed hands among major wallets in just a few days.
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Another key indicator, the Market Value to Realized Value (MVRV) ratio, has dropped to levels typically associated with major market bottoms.
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In summary, Ethereum may be nearing the end of its latest correction. Long-term holders are capitulating, whales are repositioning, and on-chain data signals growing interest in…
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