Glassnode: ETH investor cost basis level is in the $2,800 range, and selling pressure is gradually increasing

Odaily News On-chain analysis platform Glassnode posted on the X platform that the current investor cost basis level of ETH is in the $2,800 range. As prices approach this area, seller pressure may increase, as many holders who were previously in a loss may seek to reduce their positions near the break-even point.