ETH price metric flashes buy signal after 3 years of seller dominance
ETH sold off at the weekly open, but its net taker volume metric turned positive for the first time in years. Will bulls take notice of the signal and attempt to press Ether price higher?
Ether (ETH) derivatives data has begun to highlight a structural shift. After nearly three years of sell-side dominance, ETH’s net taker volume has turned positive, possibly pointing to renewed interest from futures traders.
Key takeaways:
ETH Net Taker volume reached $390 million since Jan. 6, the largest buy imbalance since January 2023.
