On September 1, a data platform analyst published an article stating that despite the recent price adjustment of Ethereum, market demand remains strong. Data shows that the ETH reserves on a certain trading platform have been on a continuous downward trend, while the Bitcoin reserves have remained relatively stable during the same period. The analysis points out that this difference indicates that even during the current price consolidation phase, market participants are still actively accumulating ETH, reflecting investors' ongoing confidence in Ethereum.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
7
Repost
Share
Comment
0/400
LayoffMiner
· 09-01 09:10
Let's hold on to it for now!
View OriginalReply0
BridgeJumper
· 09-01 09:05
Coin Hoarding狂魔上线！Hoarding就完事了
View OriginalReply0
fren.eth
· 09-01 09:03
enter a position enter a position fall then increase the position
View OriginalReply0
Web3Educator
· 09-01 08:44
let me break this down for my bootcamp students... eth outflow = bullish fundamentals
ETH reserves continue to decline, but investor confidence remains strong.
On September 1, a data platform analyst published an article stating that despite the recent price adjustment of Ethereum, market demand remains strong. Data shows that the ETH reserves on a certain trading platform have been on a continuous downward trend, while the Bitcoin reserves have remained relatively stable during the same period. The analysis points out that this difference indicates that even during the current price consolidation phase, market participants are still actively accumulating ETH, reflecting investors' ongoing confidence in Ethereum.