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Fama

08/11 03:08

New buyers pile into ETH Glassnode data revealed

New buyers pile into ETH

Glassnode data revealed a sharp rise in first-time buyers and momentum traders, pushing new demand higher.


Having said that, conviction buyers – those raising their cost basis despite elevated prices – also grew, signaling deeper market commitment.

On top of that, this mix of fresh inflows and seasoned holder conviction could set the stage for an aggressive leg upward if buying pressure sustains.

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