Glassnode: Ethereum buyer takes profit near $2520, but still holds nearly 2 million ETH

According to Foresight News, a heatmap of Ethereum's cost base distribution released by blockchain data analysis firm Glassnode shows that buyers have made significant profit taking around $2520 since July 1st this year, with the red area gradually weakening. However, these buyers still hold nearly 2 million ETH. Glassnode believes that this indicates: 1) investors are strategically taking profits, 2) the market generally expects Ethereum prices to further rise, and 3) new buying demand is absorbing market supply.