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Ethereum’s price action around the $2,392 mark is drawing attention as it represents the realized price for binance/?utm_source=CVJ.Ai&utm_medium=glossary&utm_id=CVJ.AI" target="_blank">Binance user deposits. A drop below $2,500 could trigger significant selling pressure from major ETH cohorts. On-chain data reveals this level as a critical psychological boundary for traders.
- The $2,392 level is the realized price for Binance user ETH deposits, making it a critical psychological threshold for traders.
- A drop below $2,500 could trigger selling pressure from major ETH cohorts, including OKX users and active addresses.
- Standard Chartered forecasts Ethereum will surpass Solana by 2025 due to its stronger long-term fundamentals and technological improvements.
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