Ethereum faces decline after breaching $4K: What investors should know!

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AMB Crypto 10 months ago 232

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Posted: December 10, 2024

  • Ethereum’s price drops to $3,867 amid increased exchange withdrawals, signaling potential market volatility.
  • Active addresses and leverage ratios suggest heightened retail interest and possible short-term market shifts for ETH ($3,802.44).

Ethereum [ETH] has seen a notable price adjustment after reaching the $4,000 threshold late last week. At the time of writing, ETH traded at $3,867, marking a 2.2% dip in the past day. 

While the asset remains nearly 30% higher for the month, the drop below $4,000 positions ETH 20.5% away from its all-time high of $4,878, recorded in 2021. 

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