More than 410,000 ETH worth 1,300,000,000 USD was offloaded in a week as investors grew frustrated with Ethereum’s inability to surpass 3,530 USD. This sell-off signifies a significant shift in sentiment as holders capitalize on short-term price movements.
Ethereum’s price is currently struggling below the 3,530 USD resistance, which if breached, could target 3,711 USD. Conversely, a failure to overcome this barrier raises the risk of a drop to 3,131 USD, highlighting market uncertainty.
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