BREAKING
335d 16h ago

ETH Falls Below Realized Price for First Time in Two Years – Retail Investors Facing 7% Loss

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

According to COINOTAG News on March 11, data from Glassnode reveals a significant development in the Ethereum (ETH) market. For the first time in a period exceeding two years, ETH has fallen beneath its Realized Price, a crucial metric that denotes the average cost at which tokens last moved. As of the latest figures, ETH is trading at $1,917.86, while the Realized Price stands at $2,058.04. This situation has resulted in an MVRV ratio of 0.93, indicating a concerning 7% unrealized loss for retail investors. Such trends could potentially affect market sentiment, illuminating the need for cautious investment strategies in the current climate of volatility. Investors are advised to carefully consider their positions and market dynamics as the cryptocurrency landscape evolves.

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