Glassnode reports that Ether (ETH) experienced a trading price of $2,555.77, exhibiting a decline of 3.7% in just 24 hours. This downward trend followed an abrupt rejection near the $2,673 level, prompting significant selling activity. The recent fluctuations reflect a broader market volatility, especially with an uptick in whale activity. The major sell-off observed late Monday broke through established support, resulting in downward price movements for the day. Investors are now closely monitoring the emerging trends among ETH whales, signaling potential shifts in market dynamics. Ongoing market developments suggest the influence of major holders on pricing strategies.