Ethereum Dips 9% Amid Whales and ETF Sell-Off

Ethereum Faces Significant Sell-Off

Ethereum has experienced a substantial 9% drop as both whale investors and ETF holders offload their assets. This comes amid a streak of eight consecutive days of negative flows in Ethereum-based Exchange Traded Funds (ETFs). For context, ETFs are like baskets of assets that people can invest in, similar to buying a stock that represents a mix of different companies.