Ethereum holders keep accumulating Ether ahead of ETF and new yield opportunities Ethereum’s long-term holders have continued scooping up Ether while Bitcoin’s long-term holders shed their holdings. New yield opportunities in Ether, and the upcoming ETF are likely behind the divergence in the behavior of the long-term holders of BTC and ETH. Chainlink supply on exchanges shoots up, LINK holders realize over $150 million in profits Chainlink supply on exchanges climbed to 230.
Typically, an increase in the asset’s supply has a negative impact on price as it increases the selling pressure. These seven altcoins are down over 40% from their all-time highs, recovery likely with latest developments Crypto market capitalization excluding Bitcoin is down 3% in the past seven days and nearly 10% in the past 30 days, per TradingView.
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