Ethereum Faces Record-Breaking Sell-Off Over the Last Three Months

In Brief:

Ethereum has experienced unprecedented selling activity over the past three months, according to CryptoQuant.

Data from Ki Young Ju highlights sustained sell pressure, raising concerns about ETH’s short-term outlook.

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Ethereum has faced its highest level of active selling in three months, according to CryptoQuant founder Ki Young Ju. The surge in sell-offs reflects growing market uncertainty and profit-taking by traders amid broader crypto volatility.

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This sustained pressure on ETH could impact its short-term price action, as increased selling often signals bearish sentiment. However, long-term holders and institutional investors may see this as an opportunity to accumulate at lower price levels.

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