Ethereum Price Falls Below Key Token Distribution Zone
The Ethereum price has fallen below $1,873.54, entering a relatively sparse token distribution zone.
According to PRO chip distribution data, over the past six months, 50% of ETH trading chips were concentrated in the range between $1,873.54 and $2,274.30.
Currently, the price is at $1,858.33, which is about 0.81% below the lower edge of this dense zone.
This shift into a sparse chip area may make it easier for accelerated market moves to occur.