Ethereum (ETH) Price In Fragile Growth Position As Cost Basis Metric Hints

Blockchain analytics platform Glassnode has posted on X, highlighting the current fragile Ethereum (ETH) market structure. As the platform noted, 41% of the altcoin’s market capitalization is held by investors with a cost basis between $2,300 and $2,500. This is significant as it determines the selling pressure of the top coin source: https://www.thecoinrepublic.com/2025/05/28/ethereum-eth-price-in-fragile-growth-position-as-cost-basis-metric-hints/