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Crypto

Ethereum Breaks Above On-Chain Cost Basis, Golden Cross Signal Confirmed

Guavy AI Editorial Team
Instruments
ETH
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Ethereum's price has been steadily increasing, reaching $2,450 after breaking above investors' average on-chain cost basis at $2,306.

This move triggered a significant increase in exchange inflows, with small-scale retailers dominating recent profit-taking while whales continued to accumulate.

The ETH golden cross signal has confirmed a bullish outlook for the cryptocurrency, driven by its aggressive price movement and strong buying momentum.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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