Sentora: Approximately 4.1 million Ethereum addresses have a holding cost around $3100, which may lead to a large sell-off
According to reports from Hash Chain, based on Sentora's data, approximately 4.1 million Ethereum addresses have been in a state of loss for ETH prices over the past six months. The holding costs of these addresses are mainly concentrated around $3100. If the price of Ethereum reaches $3100, these holders may choose to sell off a large amount to break even. Currently, there is little resistance between $3000 and $3100, but once it breaks $3100, it may trigger a wave of sell-offs.
According to reports from Hash Chain, based on Sentora's data, approximately 4.1 million Ethereum addresses have been in a state of loss for ETH prices over the past six months. The holding costs of these addresses are mainly concentrated around $3100. If the price of Ethereum reaches $3100, these holders may choose to sell off a large amount to break even. Currently, there is little resistance between $3000 and $3100, but once it breaks $3100, it may trigger a wave of sell-offs.