Ethereum selling pressure hits highest level since November 2024

ETH is going through a days-long period of selling pressure, based on the seller taker ratio. A ratio under 1 points to selling pressure and a potential ￰0￱ is facing selling pressure at the highest rate since November 2024, setting expectations for a potential market ￰1￱ buyer/seller taker ratio points to short-term selling pressure, which has affected the markets in the past ￰2￱ feels selling pressure as the buyer/seller taker ratio points to traders locking in profits. |) has over 75% long positions, signaling confidence in the bullish direction of ￰3￱ Ethena project depends on a bullish ETH trend to be the most efficient in producing ￰4￱ actively move ETH Daily whale movements still include dramatic shifts and positions.

Overall, ETH shows signs of long-term confidence, with DeFi growth and lending expansion. Additionally, ETH still sees steep inflows from ETF and treasuries, while accumulation addresses expanded their balance to 24M ￰5￱ this, short-term whale selling can affect the price, as older whales still take ￰6￱ past few months saw ETH shift to whale ownership, as retail capitulated. Overall, ETH is showing positive signs for long-term growth, but short-term selling pressure can still lead to liquidations and price ￰7￱ short-term ETH fluctuations coincide with dramatic whale accumulation, with one entity pouring $185M into ETH in the past days. However, the significant accumulation is yet to translate into new all-time ￰8￱ also faces trading in September, a historically weak month for the ￰9￱ has mostly ended in the green for ETH, but the coming weeks may see more cautious ￰10￱ the same time, ETH sees a trend of holding, as whales and retail still see the potential of DeFi, requiring ETH as collateral or for gas ￰11￱ seen where it ￰12￱ in Cryptopolitan Research and reach crypto’s sharpest investors and builders.