Over 1.8 Million Addresses Bought 52 Million ETH at $2,350—Is Ethereum Set for More Losses

Ethereum, the second-largest cryptocurrency by market cap, has seen significant downward pressure recently, reflecting the overall sentiment in the crypto market. With Bitcoin and other major altcoins also suffering, Ethereum’s price has dipped below $2,400, and traders are now looking to a key support level around $2,350 for clues on where the coin might head next.