★Ethereum Retail Hands Still In Disbelief, Keep Selling Into Strength

The Big Coin Report Take

Ethereum's recent price surge has seen a notable trend: smaller, retail investors are selling their holdings. On-chain data indicates these "retail hands" are offloading ETH, suggesting a lack of conviction that the rally will last. This matters because it highlights a potential disconnect between price action and broader market sentiment, signaling that many individual investors remain cautious. The key data point is a significant decline in retail-sized Ethereum supply. Moving forward, watch if institutional buying can sustain the rally without broader retail participation, or if this selling pressure eventually limits further upside.