Markets· ★★· bullish·

Ethereum active addresses jump 89K to 389K as ETH tests $2,330 support

  • —Active ETH addresses rose 89K to 389K in 24 hours
  • —Share of ETH supply in profit climbed to 63%
  • —ETH funding rate hit a weekly high of 0.007
  • —ETH trades near $2,429 with key support at $2,330
Why it matters: Holding $2,330 could open the path toward $2,800, while a break below would raise the risk of further downside.
Source: AMBCrypto