CryptoOnchain issues bearish alert for Ethereum: premium indicator on a certain exchange hits 10-month low
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According to ChainCatcher, CryptoOnchain stated in a post that data shows the 14-day simple moving average (SMA) of the Ethereum exchange premium has dropped to -2.285, reaching its lowest level since early February 2025.
The institution indicated that this sign of on-chain weakness suggests that demand from US institutional investors is weakening. Traders should remain cautious, as the continuation of this negative trend increases the risk of a further pullback in Ethereum.
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