In crypto, wild price swings are normal when policies and new regulations are announced. This market observation became evident this week, immediately after US President Donald Trump announced plans for a strategic crypto reserve that includes Ethereum, Solana, ADA, Ripple’s XRP, and of course, Bitcoin.
Cryptos’ reaction was immediate, with Ethereum as one of the top assets that surged and fell massively within days. On March 2nd, ETH was trading at $2,191, then climbed to as high as $2,542 on March 3rd, before dropping below $2,300 at the day’s close and settling at the $2,050 level again the next day.
According to Glassnode, the recent crypto price movements unraveled some of the key strategies of ETH holders.
A Flurry Of Activities Among ETH Holders
Glassnode data shows ETH holders and investors moved and adjusted their holdings during the recent crypto price swings. Based on its three-month analysis, Ether holders who acquired their tokens at $3,500 adjusted t
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