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April 22, 2025

Ethereum Plummets 5% as Dormant Wallets Sell Millions

Ethereum (ETH) is facing a challenging period as it continues on a prolonged losing streak. Recent trading activities show that dormant wallets have started offloading millions of dollars in Ethereum, which is contributing to the asset’s decline. Investor sentiment remains shaky amid rising global tariffs, adding pressure to Ethereum’s price. As analysts weigh the situation, they are closely monitoring wallet movements and market reactions to predict potential future performances for Ethereum.

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