ETH URPD Data Analysis (Jan 9 to Jan 10, 8 AM): Understanding On-Chain Sentiment In the past 24 hours, the total on-chain turnover reached nearly 350,000 ETH, a significant drop compared to the 700,000 ETH turnover as of 8 AM yesterday, indicating a sharp decline in market trading activity. The largest single price volume cluster remains at $2,772, same as yesterday. Short-term holders continue to take profits in the $2,920-$3,020 range, while some holders in the $3,120-$3,200 range might be worried about a price pullback and are also turning over their positions. Other price ranges saw relatively little turnover, with only a few hundred ETH changing hands. Overall, the turnover rate has decreased, mainly driven by recent short-term holders. The price has fluctuated upwards from $2,900 to around $3,050. As long as Trump doesn’t stir things up, the weekend should pass smoothly. Check out the updated ETH chart. Data sourced from Glassnode. Your feedback and suggestions are welcome! #ETH #Crypto #Glassnode