Ethereum has remained stable with only a minor price drop, even as the cryptocurrency market feels pressure from capital outflows and whale activities. November saw substantial withdrawals from Ethereum ETFs, raising concerns over potential downward trends.
The ongoing cashing out by whales, including a significant sale of 18,000 ETH valued at 54.78 million USD, compounds the risks for Ethereum. If the crucial support level breaks, ETH could correct significantly.
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