Ethereum (ETH) prices remain stable around $1,800 to $1,900, indicating that recent selling pressure may be easing. On-chain data shows that whales are accumulating at these levels, while the decline in open interest in derivatives suggests reduced market leverage. Although founder Vitalik Buterin has recently sold Ethereum, including approximately $7 million worth in the past three days, the strong fundamentals and high daily trading volume support the possibility of a shift from a downtrend to consolidation.
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Ethereum (ETH) prices remain stable around $1,800 to $1,900, indicating that recent selling pressure may be easing. On-chain data shows that whales are accumulating at these levels, while the decline in open interest in derivatives suggests reduced market leverage. Although founder Vitalik Buterin has recently sold Ethereum, including approximately $7 million worth in the past three days, the strong fundamentals and high daily trading volume support the possibility of a shift from a downtrend to consolidation.