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via BeInCrypto · By BeInCrypto Editorial

Was Bankless Founder Right to Sell His Ethereum? On-Chain Data Reveals

ETH

ETH/USDT

$1,675.51

-2.80%

$1,675.51

-2.80%

(24s)

24h Volume

$10,337,230,693.79

24h H/L

$1,735.04 / $1,635.65

Change: $99.39 (6.08%)

Long/Short

76.7%

Long: 76.7%Short: 23.3%

Funding Rate

-0.0000%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,670.62

▲ 0.21%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,735.34

Resistance 1$1,678.37

Price$1,670.62

Support 1$1,668.92

Support 2$1,615.03

Support 3$1,575.20

Pivot (PP):$1,670.49

Trend:Downtrend

RSI (14):37.5

BeInCrypto Editorial

(11:30 PM UTC)

1 min read

Updated byJames Mitchell

994 views

0 comments

Bankless co-founder David Hoffman sold his Ethereum (ETH) holdings. He argues the “ETH is money” thesis has fully played out. On-chain data and the daily chart suggest the market is already pricing in his call.

Ether trades around $1,975, down 2.4% on the day and roughly 14% over the past month. Active addresses are falling, and exchange balances are rising again. Both echo the fade Hoffman…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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BeInCrypto Editorial · BeInCrypto

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