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Ethereum Holders Endure Unrealized Losses – Is ETH Undervalued? Bitcoinist 20 Nov 2024

Ethereum Holders Endure Unrealized Losses – Is ETH Undervalued? 📉

Ethereum Ki Young Ju Bitcoin

Ethereum (ETH) is experiencing a period of underperformance, significantly lagging behind Bitcoin's surge to new all-time highs. While Bitcoin dominates headlines for its price rally, Ethereum struggles to achieve its yearly highs.

Many investors are questioning Ethereum's next move due to its less impressive price action compared to Bitcoin. However, data from CryptoQuant CEO Ki Young Ju indicates that there might be a silver lining.

This data suggests the potential for Ethereum's undervaluation, indicating possible opportunities for investors to consider a future rebound of ETH.

Source: bitcoinist.com ↗

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