What did the key owners do then

In encryption, wild price fluctuations are normal when new policies and regulations are announced. This note in the market has become clear this week, after US President Donald Trump announced plans for the strategic encryption reserve that includes ETAREM, Solana, Ada and Ripple’s XRP, and of course Bitcoin.

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Cryptos reaction was instantly, as Ethereum was one of the best assets that rose and fell significantly within days. On the second of March, ETH was traded at $ 2,191, then rose to $ 2542 on March 3, before it decreased to less than $ 2,300 in near the day and settled at the level of $ 2,050 again the next day.

according to GlassnodeThe recent encryption movements revealed some of the main strategies for ETH holders.

A wave of activities between ETH holders

Glassnode data shows that ETH holders and investors have transferred and modified their holdings during recent encryption fluctuations. Based on its three -month analysis, ether Their owners, who acquired their distinctive symbols at $ 3,500, modified their holdings in February.

#ETHEREUM Investors actively managed to be exposed during this volatile period. After a march to 2.5 thousand dollars, $ ETH It was recovered to 2.05 thousand dollars – the last time seen in November 2023. Capital basis distribution (CBD) shows how the capital was rotated through price levels who have benefited from DIP. 🧵👇 pic.twitter.com/vl6adghfro

– Glassnode (Glassnode) March 5, 2025

These investors started their positions at a peak price of $ 2500, and they stayed at their positions when Eth reconsidged 2050 dollars. Based on Glassnode numbers, these investors have 1.75 million ETH with the average acquisition price of $ 3200. This means that their property has now decreased by 10 % of their entry.

Glassnode also participates in the first of March, investors bought 500,000 ETH at an average price of $ 2,200. However, this group quickly re -distributed its property when the price of ETH was $ 2500.

The recent measures conducted by Ethereum revealed a new resistance in prices at 2,800 dollars, as market traders accumulated 800 thousand symbols. As such, encryption holders and investors are now looking at this level if ETH is recovered soon.

Increased accumulation between ETH whales

The market analysts also highlight the increasing trading and accumulation activity between the encryption portfolios. Crypto Chepator Ted shared an a Encrypted The investor recently bought 17,855 ETH, at a value of approximately $ 36 million, at an average price of $ 2054.

The whale whale is now valued at $ 2.5 billion. This deal leads to the validity of the current accumulation, which indicates that today’s price is the “opportunity to buy”.

Is it time to buy eth?

Currently, ETH is trading between $ 2100 and $ 2,300, which is still less than Monday price of $ 3500. According to Cryptoquant Analyst, ethereum is likely in a favorable condition after recent price fluctuations. The analyst added that the MVRV ratio of Ethereum decreases to less than 1, which means that the original is less than its value.

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This level often determines the tone of increasing prices in the previous bull markets. He also indicated that an increasing number of ETH addresses buy more symbols. This portfolio carries eth without sale, indicating that institutional players build their property.

However, the encrypted analyst is still cautious on ETH, noting that the conditions of macroeconomics still can affect encryption prices. Then he referred to the potential impact of customs tariffs and cash strategies on ETCOIN prices.

Distinctive photo from Reuters, the tradingView graph