Ethereum Price Warning Signs Sell-Pressure Hits Historic Highs

Ethereum Price Warning Signs: Sell-Pressure Hits Historic Highs

Historic Sell-Pressure Hits Ethereum Ethereum’s native token, Ether (ETH), may be forming a local top as its selling pressure approaches a historic extreme. According to data from CryptoQuant, the network’s Net Taker Volume dropped to -$418.8 million on Tuesday, marking the second-largest daily outflow ever. This metric indicates a significant market imbalance, with 115,400 more…