Ether holds near $2,670 as receiving addresses outpace senders; market eyes $2,800
- —ETH closed Friday near $2,670, down 4% from the weekly high of $2,805
- —Receiving addresses hit 314,840 Friday versus 306,800 sending addresses
- —Daily on-chain transfer volume was $4.06 billion, above August's $3.05 billion
- —Polymarket odds of ETH hitting $2,900 by month-end: 12%; $2,500: 7%
Why it matters: On-chain activity suggests buyers are absorbing the pullback, but a breakout above $2,800–2,900 still needs sustained demand.
Source: CoinDesk Japan