1 week ago
ETH May Be Approaching Another Bottom: Here is Why
EthereumBinancecrypto market bottomEthETH PriceethereumNUPLon-chain analysisunrealized profit and loss
TLDR: Ethereum’s Binance NUPL has dropped near -0.35, a level historically tied to major bottoms. The metric shows exchange-held ETH supply carrying unrealized losses near 35% of its value. Past -0.35 readings coincided with the 2019, 2020, 2022, and 2025 ETH bottoming phases too. Ethereum traded near $1,866.93, down 3.01% daily despite a 0.38% weekly [...]
The post ETH May Be Approaching Another Bottom: Here is Why appeared first on Blockonomi.
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