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The Coin Rise 2025-08-12 10:09:54

Ether Traders Lock in Profits as Price Tests $4,300, What’s Ahead?

Ether holders are beginning to cash in gains as the cryptocurrency hovers around the $4,300 mark, with data suggesting that short-term traders are leading the wave of profit-taking. On-chain analytics firm Glassnode reported that short-term holders — those who have owned Ether for less than 155 days — have been realizing gains at a faster pace than long-term investors, hinting at concerns over a potential pullback. “Short-term investors are realizing far more gains, driving the current wave,” Glassnode said in an X post on Monday. Data shows that Ether profit realization, measured by the seven-day simple moving average, is currently around $553 million per day, with most of this activity coming from short-term traders. Long-term holders, in contrast, are taking profits at levels similar to those seen in December 2024. Short-Term Gains Outpace Long-Term Moves Despite the recent selling pressure, overall profit-taking remains about 39% lower than the peak levels recorded last month, when ETH traded near $3,500. Over the past 30 days, ETH price has climbed 43%, reaching $4,283 as of Monday, according to data from Nansen. Ether still sits roughly 12.7% below its all-time high of $4,828 set in November 2021. However, data from CoinGlass shows that approximately $2.23 billion in leveraged positions could be liquidated if ETH approaches $4,700 — a level that may act as a psychological and technical barrier. Market sentiment remains cautious, influenced in part by Ether’s earlier struggles this year. In March, the cryptocurrency dipped below $2,000, and several attempted rallies failed before the recent breakout. Notably, BitMEX co-founder Arthur Hayes revealed that he repurchased ETH just a week after selling $10.5 million worth at $3,507, signaling renewed confidence despite the mixed signals in the market . $4,300 Emerges as a Key Ether Price Threshold Since Sunday, ETH has briefly traded above $4,300 on multiple occasions but has struggled to hold the level. Analysts say institutional demand is rising, but opinions remain divided on whether prices will continue to push upward in the short term. Santiment analyst Brian Quinlivan warned over the weekend that public announcements of major institutional purchases can sometimes trigger fear of missing out (FOMO) among retail traders — which paradoxically may stall or reverse upward momentum. Meanwhile, data shows that companies holding Ether in their corporate treasuries now collectively own 3.04 million ETH, valued at about $13 billion. This growing institutional presence could provide a long-term bullish underpinning, even as short-term traders lock in profits. The post Ether Traders Lock in Profits as Price Tests $4,300, What’s Ahead? appeared first on TheCoinrise.com .

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