š ETH Drops 6% But Holders Are Doing THIS (On-Chain Clue)
$ETH just bounced at $3,200 after a -6% day.
Look beyond the price. Key on-chain data suggests this isn't a panic sell-off:
šø Exchange Outflows are UP (coins moving to cold wallets)
šø Mean Coin Age continues to rise (holders are staying put)
šø Futures funding rates cooled to neutral (less leverage speculation)
My take: This looks like a healthy correction within a larger trend, not a trend reversal. Weak hands selling to strong hands.
Q for the pros: Are you using this dip to accumulate, or waiting for lower?
Like/Follow for clear charts + data-driven context on market moves.
Data via Glassnode/IntoTheBlock. NFA.
ETH
2,929.34
-7.25%