🚀 Ethereum Update: ETH's price took a dip to $3,058, down 11% from its monthly high of $3,445. Whales are on the move, transferring over $300M worth of ETH to exchanges like Kraken and Coinbase, hinting at potential liquidations. Spot ETFs saw outflows of $59.8M, while Ethereum's DEX volume lagged behind competitors like Solana. Yet, optimism persists with bullish technicals emerging and analysts eyeing a long-term target of $10,000. 📈

What do you think? Will ETH bounce back or face more turbulence? Share your thoughts below!