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Ethereum holds above $2,600 as on-chain data signals buying demand

  • Ethereum held above $2,600 through the weekend amid an ongoing correction.
  • U.S. Treasury yields and profit-taking capped upside momentum.
  • Ethereum’s receiving addresses and transaction volumes increased during the period.

Ethereum held above $2,600 through the weekend as on-chain indicators pointed to persistent buying demand despite the ongoing correction. Rising U.S. Treasury yields and profit-taking capped upside momentum, while receiving addresses and transaction volumes increased.

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