On-Chain Data Holds Hidden Clues



Despite weak market performance, on-chain monitoring reveals:

Whale addresses have increased their ETH holdings over the past 24 hours, with certain chips flowing into long-term cold wallets;

Gas fees have plummeted sharply, network congestion has eased, which often signals that selling pressure is approaching a phase-wise conclusion;

Futures funding rates have turned negative, market sentiment is extremely pessimistic, and historical experience shows this is often a precursor to a rebound.
ETH1.67%
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