Number Of Ethereum Addresses Holding Over 100 ETH Hits New All-Time High

[rasangaya]

Number Of Ethereum Addresses Holding Over 100 ETH Hits New All-Time High





Ethereum, just like many other cryptos including Bitcoin, has been trading sideways for basically the past month. Currently trading at $207 after a decent bull break yesterday, Ethereum eyes up to $217 again, a key resistance level before $220.

Bulls have been trying to break and close above $217 for weeks and they have always been rejected heavily. This area of resistance is crucial for Ethereum and bulls need to break it in order to have a chance of seeing ATHs again.

However, despite a major rejection back in May 10, the interest in Ethereum seems to be growing and could help the bulls secure that $217 level.

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[Leonardo]

I think that all of those addresses owners are expecting a hard pump in the eve of Proof of Stake implement. That's not to mention ETH is always among top selections when take into accout investing in cryptocurrencies. I've been hesitating to buy some ETH however I've reached my decision seeing this news.

[Andruha1993]

This is really good news for crypto enthusiasts. Because this means that many believe in Ethereum and buy it and expect a pleasant price from it.

[Renampun]

Ethereum is the right choice...
investor confidence in Ethereum is still high, Altcoin with the biggest market cap, HODL ETH for long term.