Ethereum’s castle is collapsing… From whales to retail investors, selling march

As the price of Ethereum (ETH) continues to struggle, various investors continue to liquidate their ETH holdings, raising concerns that this could lead to further difficulties for the asset.
On the 17th (local time), CryptoPotato reported that the market situation surrounding Ethereum is not very positive, and that institutions and whales are selling Ethereum.
Cryptocurrency investment firm Galaxy has seen an $80 million surge in ETH over the past five days, according to blockchain analytics firm Lookonchain.
He deposited the TH in centralized exchanges such as Binance and Coinbase. What is even more worrying is that Ethereum whales have joined the selling march.
"These large market participants sold 143,000 ETH in the past week, valued at roughly $230 million," Ali Martinez said.
The situation for Ethereum ETFs in the US is particularly dire. Only one trading day in April saw small inflows (April 4, $2.1 million), while the remaining trading days were all
It has also been in the red for 34 of the last 40 days, during which investors withdrew nearly $1 billion.
It's not just institutional investors and whales. Look on Chain is
A small investor who had held Ethereum for months reportedly suffered a large loss and sold his ETH. The small investor lost $2.6 million (-58.6%).
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