According to Santiment monitoring, small retail traders are actively selling their holdings of Ethereum (ETH), with wallets holding 0.01 ETH or less reducing a total of 1,791 ETH (approximately $4.16 million) in the past two days. The market generally considers the 17% increase since March 29th to be a "bull trap," and this sentiment has actually increased the likelihood of the bullish momentum continuing.

ETH-2.08%
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