Ethereum's Exchange Reserve Increases as Whales Sell Their Holdings, Putting Selling Pressure on ETH Price

06/29 09:50

June 29 (Huobi) - Ethereum's exchange reserve has increased, indicating selling pressure. While some metrics support the bulls, most market indicators are bearish. Ethereum's price has corrected after surpassing $1,900, and whales have been observed selling their ETH holdings, which could lead to further price drops.
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