Ethereum experienced a notable decline of 10.64% last week, dropping from 3,095 USD to 2,765 USD. There was a slight recovery of 2.88% afterwards, indicating ongoing market fluctuations amidst a largely bearish outlook.
Despite the current negative market sentiment, specific cohorts of whales are holding onto their ETH, while smaller holders are increasing. If Ethereum prices fall below 2,400 USD, further declines could be expected.
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