Reason to trust
Strict editorial policy which focuses on precision, relevance and impartiality
Created by industry experts and meticulously revised
The highest standards in the declaration and publishing
Strict editorial policy which focuses on precision, relevance and impartiality
Leo football price and a little soft players. Each Arcu Lorem, ultimate all children or, Ultlamcorper football hates.
In crypto, wild price oscillations are normal when policies and new regulations are announced. This market observation has become obvious this week, immediately after US President Donald Trump announced plans for a Strategic cryptography reserve This includes Ethereum, Solana, Ada, Ripple’s XRP and of course Bitcoin.
Related reading
Cryptos’ reaction was immediate, with Ethereum as one of the best assets that jumped and fell massively in a few days. On March 2, ETH was traded at $ 2,191, then climbed up to $ 2,542 on March 3, before lowering $ 2,300 at the end of the day and settling in $ 2,050 the next day.
According to Glass knotThe recent Crypto price movements have untangled some of the key strategies of ETH holders.
A wave of activities among ETH holders
Glassnode data show that ETH holders and investors have moved and adjusted their assets during recent cryptography price oscillations. Based on his three -month analysis, Ether Holders who acquired their chips at $ 3,500 adjusted their assets in February.
#Ethereum Investors actively managed their exhibition during this volatile period. After a gathering at $ 2.5,000, $ ETh Retructed to $ 2.05,000 – the levels visible for the last time in November 2023. The basic cost distribution (CBD) shows how the capital turned through the price levels and which took advantage of the decline. pic.twitter.com/vl6adGhfro
– glass node (@glassnode) March 5, 2025
These investors started their positions at a top price of $ 2,500 and remained in their positions when ETH revised $ 2,050. Based on Glassnode figures, these investors have 1.75 million ETH with an average acquisition price of $ 3,200. This means that their assets are now down 10% of their entry.
Glassnode also shares that on March 1, investors bought 500,000 ETH at an average price of $ 2,200. However, this group quickly redistributed its assets when the price of ETH reached $ 2,500.
Ethereum’s recent price action has revealed new major price resistance to $ 2,800, where market merchants have accumulated 800,000 tokens. As such, crypto holders and investors are now examining this level if ETH soon rebounds.
Growing accumulation among ethn whales
Market analysts also highlight increasing commercial activity and accumulation among cryptographic portfolios. The commentator of Crypto Ted shared that a crypto The investor recently bought 17,855 ETH worth around $ 36 million, with an average price of $ 2,054.
Whale ETH assets are now evaluated at 2.5 billion dollars. This transaction validates the current accumulated trend, which suggests that today’s price is a “buying opportunity”.
Is it time to buy ETH?
Currently, ETH is negotiated between $ 2,100 and $ 2,300, which is still lower than its Monday price of $ 3,500. According to a Cryptocurrency Analyst, Ethereum is most likely in a favorable state after its recent price oscillations. The analyst added that Ethereum’s MVRV report drops below 1, which means that the asset is undervalued.
Related reading
This level often sets the tone for an increase in prices on the previous bull markets. He also noted that an increasing number of ethn addresses buy more tokens. These portfolios hold ETH without selling, suggesting that institutional players build their assets.
However, the cryptocurrency analyst remains cautious on the ETH, stressing that macroeconomic conditions can always influence the prices of cryptography. He then noted the possible impact of pricing measures and monetary strategies on the prices of ETH and Altcoin.
Reuters star image, tradingview graphic