Ethereum struggles to maintain its value below 2,000 USD, reflecting bearish indicators and increasing whale influence. With 46% of ETH supply concentrated among whale wallets, the market’s stability is at risk, as retail investment declines further.
Whales now control about 59 billion USD in ETH, leading to concerns over price volatility. As retail participation decreases, any significant sell-off by large holders could cause sharp corrections, highlighting vulnerabilities within the ETH market.
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