Ethereum Extends Losing Streak to Seven Months as Whale Sell-off Intensifies

Ethereum (ETH) has recorded its seventh consecutive month of price declines, marking a significant and prolonged bearish phase for the second-largest cryptocurrency. The sustained downturn is primarily attributed to aggressive selling pressure from large-scale investors, commonly referred to as "whales," who are liquidating their holdings at an accelerated pace. Market analysts suggest that this continuous liquidation by major holders is preventing any immediate signs of price relief or recovery. This long-term negative trend underscores deep-seated bearish sentiment and highlights a potential lack of buyer support at current valuation levels. As the sell-off persists, the ETH/USD pair remains under heavy pressure, with investors closely monitoring institutional behavior for any signs of a trend reversal.