[On-Chain Analysis: ETH Whale Groups Form Consensus Support Zone at $2,700]
On-chain data analyst Murphy summarized Ethereum's year-end data, pointing out that ETH's current holdings are concentrated in the $2,700-$3,100 range, with $2,700 identified as the consensus support zone, where 17.9 million ETH are accumulated, accounting for 22.6% of the circulating supply. Wallet groups holding over 100,000 ETH increased their holdings when ETH dropped to $1,500 between February and April this year, and added more when ETH retraced to $2,700 on November 21, further increasing the concentration of holdings.