Ripple Announces One of Largest Deals in Crypto History, First U.S.-Based XRP ETF Debuts with 'Very Respectable' Trading Volume: Crypto News Digest by U.Today.
BlackRock offloads $254,000,000 in Bitcoin on Coinbase: What's going on?
Read more on U.Today https://u.today/ripple-announces-one-of-largest-deals-in-crypto-history-first-us-based-xrp-etf-debuts-with-very
According to on-chain analytics platform Glassnode, Ethereum, the second-largest cryptocurrency by market capitalization, appears to be range-bound between $1,548 and $1,599, where nearly 793,900 and 732,400 ETH are being held, respectively, indicating market indecision as bulls and bears battle for control.
Advertisement
Though this remains significant, what is catching further attention is a support zone forming around $1,461. According to Glassnode, support may be building at this key level, where a whopping 380,000 ETH have been accumulated.