BREAKING
308d 9h ago

Ethereum Hits Record-Breaking Active Sell-Off as CryptoQuant’s Ki Young Ju Reveals Data

ETH

ETH/USDT

$3,340.30
+0.38%
24h Volume

$22,948,019,245.45

24h H/L

$3,402.89 / $3,278.00

Change: $124.89 (3.81%)

Long/Short
55.8%
Long: 55.8%Short: 44.2%
Funding Rate

+0.0052%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$3,376.76

0.65%

Volume (24h): -

Resistance Levels

Resistance 3$3,824.38
Resistance 2$3,546.92
Resistance 1$3,402.89
Price$3,376.76
Support 1$3,358.72
Support 2$3,284.22
Support 3$3,202.25
Pivot (PP):$3,346.32
Trend:Uptrend
RSI (14):67.1
Ethereum Hits Record-Breaking Active Sell-Off as CryptoQuant’s Ki Young Ju Reveals Data

The cryptocurrency market is currently experiencing significant fluctuations, with Ethereum at the forefront of this volatility. According to data shared by Ki Young Ju, the founder and CEO of CryptoQuant, the leading smart contract platform has undergone an unprecedented level of active sell-offs over the past three months. This trend highlights the ongoing shifts in investor sentiment, as a surge in selling activity raises questions about market confidence. Analysts note that such record-breaking sell-offs can trigger further price declines, potentially influencing broader market sentiments. The metrics provided by CryptoQuant offer valuable insights into the current state of the Ethereum ecosystem, emphasizing the need for investors to stay informed on market dynamics. As Ethereum continues to navigate these turbulent waters, a careful examination of trading Volume and market trends will be essential for investors seeking to make informed decisions in this evolving landscape.

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