ETH Price Struggles: 74% of Supply Below Cost—What's Next?
ETH price struggles have intensified in recent weeks as approximately 74% of Ethereum’s supply now sits underwater, according to the latest on-chain data from multiple sources. This concerning trend has emerged amid heightened crypto price volatility. Many investors and traders are watching the Ethereum future outlook with growing apprehension right now. The current market structure, well, it suggests some pretty serious challenges ahead for ETH in the coming weeks and months. Also Read: Circle Hires JPMorgan & Citi For IPO Filing Expected in April Ethereum’s Next Move: Supply Pressure, Market Trends & Risks Source: WatcherGuru Massive Underwater Supply Creates Selling Pressure On-chain data reveals a troubling reality for Ethereum holders at the time of writing. Nearly 74% of the ETH supply—which is approximately 106.75 million coins—is currently held at a loss. This creates substantial resistance as these holders may look to exit positions when prices approach their break-...