In a recent analysis, Cointelegraph diagnosed that Ether (ETH) has the potential to rise to $5,000 within the year due to factors such as net inflow into exchange-traded funds (ETFs), ETH supply on exchanges being at an 8-year low, whale buying volume increasing while ETH’s Spent Output Profit Ratio (SOPR), an on-chain indicator that measures whether holders are selling assets at a profit or loss, is suggestive of further ETH upside.
Cointelegraph: Ether has the potential to rise to $5K this year
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