Sentora: The holding cost of approximately 4.1 million Ethereum addresses is around $3100, and there may be a significant sell-off

According to Sentora data, there is relatively little resistance between $3000 and $3100 for Ethereum, but if it breaks through $3100, there may be a significant sell-off. The reason is that ETH held by approximately 4.1 million addresses has been in a loss making state for the past six months and will recoup when the price reaches $3100.