Ethereum Faces Downside Risks as Whales Sell and Institutions Exit

Ethereum faces intense selling pressure as a major whale deposits over 17,000 ETH to Binance, realizing $15.36 million in profits, while spot ETFs see $533.25 million in outflows over five days, driving the price down to $2,856 amid broader market weakness. Major Ethereum whale deposits 17,823 ETH worth $51.4 million to Binance, securing substantial profits [...]