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2025-02-24
16:39
Investors Accumulate ETH and MKR at Lower Prices Indicating Long-term Conviction

According to glassnode, investors are choosing to average down by accumulating Ethereum (ETH) at lower prices, rather than exiting their positions entirely. This trend is mirrored in Maker (MKR), where a declining cost basis suggests long-term conviction among traders. Such behavior indicates a strategic approach by investors to strengthen their positions in the market, betting on future price recoveries.

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