Ethereum, Individual Selling Pressure Occurs…“Outlook Remains Positive”

While Ethereum (ETH) continues its upward rally, there has been analysis indicating that individual investors are consistently selling. On the 13th (local time), Santiment stated via X (formerly Twitter) that “Ethereum is aiming to break its all-time high again,” but also mentioned, “Individual investors are continually selling Ethereum.” Furthermore, it added, “As Ethereum’s price has increased, more negative comments have appeared on social media services (SNS).”

However, the outlook for further growth remains positive. Santiment noted, “Ethereum whales and institutions are steadily accumulating individual investors’ holdings,” and stated that “Ethereum will continue moving toward its all-time high.” Additionally, it added, “Since the price often moves contrary to what individual investors are saying, the increase in negative commentary could actually indicate additional gains.”