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Glassnode: Ethereum buyers profit-taking near $2520, new buying interest absorbing market supply

Summary: According to Glassnode, Ethereum buyers have been profit-taking near $2520 since July 1, with the red area gradually weakening as these buyers still hold nearly 2 million ETH. Analysts at Glassnode suggest investors are strategically taking profits while anticipating further price increases, with new buying interest helping absorb market supply.

According to Glassnode, Ethereum buyers have been profit-taking near $2520 since July 1, with the red area gradually weakening as these buyers still hold nearly 2 million ETH. Analysts at Glassnode suggest investors are strategically taking profits while anticipating further price increases, with new buying interest helping absorb market supply.

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