Retail investors in Ethereum are holding onto their positions as the price continues to rise, a promising indicator for long-term growth in the cryptocurrency market.
Despite the price surge, there have been minimal inflows to exchanges, meaning investors are less inclined to sell at this time, demonstrating confidence in Ethereum’s future value potential.
The Spent Output Profit Ratio (SOPR) remains near the breakeven point, further suggesting that holders are unwilling to sell their Ethereum assets prematurely.
This behavior is consistent with historical patterns where user deposits at major exchanges like Binance and OKEx decrease during potential price rallies.
Source : www.thecoinrepublic.com ↗
