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Ethereum holders back in profit as ETH price enters 'crucial area' for $3K breakout

Cointelegraph.com NewsKey points:Ethereum holders are back in profit, increasing chances for a rally to $3,000 and beyond.Ether sell pressure risk exists at $2,800, where 2.27 million ETH could be sold.Ether’s recent surge to $2,700 on May 14 pushed its value above its realized price, implying that the average holder of ETH is “now back in an unrealized profit,” according to Glassnode.Ethereum… 

​Key points:Ethereum holders are back in profit, increasing chances for a rally to $3,000 and beyond.Ether sell pressure risk exists at $2,800, where 2.27 million ETH could be sold.Ether’s recent surge to $2,700 on May 14 pushed its value above its realized price, implying that the average holder of ETH is “now back in an unrealized profit,” according to Glassnode.Ethereum… 

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