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Classic Bottom? ETH Hits $2.8K Realized Price as Whales Accumulate


Classic Bottom? ETH Hits $2.8K Realized Price as Whales Accumulate

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Ethereum (ETH) briefly touched a critical low of $2,870 on Wednesday, testing a vital on-chain support level that has historically signaled market bottoms.

According to an on-chain assessment by analyst MAC_D, this price point represents a cluster of the ‘realized price’ for both retail and large-scale investors, suggesting a potential foundation for a rebound is forming even as smaller wallets sell off.

Read the article at CryptoPotato

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