ETHEREUM PRICE DROPS 6% AS STAKING WITHDRAWALS INCREASE
ETHEREUM PRICE DROPS 6% AS STAKING WITHDRAWALS INCREASE
Ethereum drops 6%, trading at $3,440 following broader crypto market sell-off.
Over 500K ETH withdrawn from staking protocols in the past month, indicating reduced investor confidence.
ETH could find support at the lower boundary of a symmetrical triangle pattern; failure to hold may see a drop to $3,000.
Short-term holders of Ethereum are realizing losses as staking outflows increase.