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Ethereum ETH Price Primed to Erupt: On-Chain Data Hints at 2024 Supply Shock

You are currently viewing Ethereum ETH Price Primed to Erupt: On-Chain Data Hints at 2024 Supply Shock
  • Post author:admin
  • Post published:December 24, 2023
  • Post category:Ethereum News

Ethereum

Keypoints

After a crushing crypto market downturn for most of 2022, Ethereum has been one of the standout performers in December. Its price has soared around 40% in a month, bouncing firmly off support despite broader asset market volatility. This resilience is underpinned by growing data that retail traders are fervently accumulating ETH while whales lose their sell-off capabilities.

Tags: Ethereum News

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Previous PostSleeping Crypto Giant Awakens: ETH Whale Moves $90M to Kraken
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