ETH Falls Under $2K, But Whales Accumulate as Retail Traders Capitulate
Ethereum’s native token, Ether (ETH), dropped to a year-to-date low of $1,927 on Thursday, and is currently down more than 60% from its all-time high of $4,950. Analysts said the decline is stress-testing holders’ convictions, and onchain and crypto exchange inflow data point to the start of a bear market. Despite the selling intensity, one