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🔰Ethereum faces steep correction as whales opt for profit-taking.
💠Ethereum (ETH), the second-largest crypto asset by market capitalization, is currently in a state of decline. ETH price is down 7% on the day and almost 20% on the week, wiping out recent gains. On-chain data insights reveal that large-wallet investors, popularly known as whales, are shedding their Ethereum holdings and taking profits, increasing the selling pressure on ETH.
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