ETH’s Net Taker Volume Turns Positive After Years of Seller Dominance
- ETH experienced a sell-off at the weekly open, indicating bearish pressure.
- For the first time in three years, the net taker volume metric for Ethereum turned positive.
- This shift in volume may signal a potential change in market dynamics for ETH.
The recent increase in net taker volume suggests that buyers may be gaining strength after a prolonged period of seller dominance. This could lead to renewed interest from bulls looking to capitalize on the momentum shift.
With the net taker volume for Ethereum turning positive, this marks a significant development following years of selling pressure.