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Glassnode: Recent data indicates that ETH has seen new buyers entering the market, with existing hodlers also willing to accumulate at high price levels

2025-08-09 16:05

BlockBeats News, August 9th, Glassnode posted on social media that in the past few days, ETH has seen a significant increase in first-time buyers and momentum buyers, indicating that the market has not only welcomed new funds, but existing holders are also willing to increase their cost basis, leading to a notable surge in on-chain activity.

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