2 hours ago
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Key Takeaways
- ETH holds near $2,485 inside its range.
- Binance logged $501 million in net ETH outflows.
- 35.24% of the ETH supply is staked.
- ETH trades above three whale realized-price levels.
- Spot buying has not confirmed a breakout.
Ethereum trades near $2,485 inside a 5% range
Ethereum traded around $2,485 on September 8, remaining within the $2,391-$2,514 band identified in a CryptoQuant analysis. The report recorded a September 7 close of $2,489 and found that ETH had remained inside the range for 14 consecutive sessions. The distance between its boundaries was approximately 5%.
The four-hour 50- and 100-period simple moving averages were clustered near $2,465 and $2,466, less than 1% below the market price. That area provides the first short-term test: holding above it would preserve the current position in the upper half...
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