Ethereum’s Downwards Pressure May Be Perpetuated by Waning Holders

Ethereum’s Downwards Pressure May Be Perpetuated by Waning Holders

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Ethereum (ETH) – along with most major cryptocurrencies – has been facing significant selling pressure in recent times and has failed to regain its previous support level of $185, despite Bitcoin expressing some hints of bullishness.

New data suggests that Ethereum’s investors have a significantly higher turnover rate than Bitcoin’s investors, which may signal that any prolonged downwards trend…

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