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Glassnode Analysis: ETH Price Encounters Resistance After Breaking $2500

2025-05-13 10:21:27

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ChainCatcher message, Glassnode data shows that the ETH price has broken through from $1800 to $2500, due to the low concentration of supply in this range. The upward momentum was blocked around $2580, where approximately 1.3 million ETH is held; as the price approaches, the supply decreases to 1 million, indicating that holders are exiting near the cost price.

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