Data: ETH long-term holders sold 45,000 ETH in a single day, Ethereum is approaching the key $3,000 support level

ChainCatcher news, according to a Cointelegraph report citing Glassnode data, long-term holders (addresses holding for more than 155 days) are currently selling about 45,000 ETH per day, equivalent to approximately $140 million. Analysis indicates this is the highest level since 2021, suggesting that bullish momentum is weakening.

Technical trends show that if the key support level of $3,000 is breached, it could trigger a downward target of around $2,500 or even lower.