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glassnode: There is a large distribution of chips around $2,800 for ETH, which may increase selling pressure.
According to a report by Jinse Finance, glassnode stated on the X platform that there is a significant distribution of investor chips around $2,800 for ETH. As the price approaches this area, selling pressure may increase, as many holders who previously bought at high prices may seek to drop their risk near the breakeven point.