Ethereum Chain Activity Hits 7-Month Low Amid Selling Pressure

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Ethereum news shows on-chain activity hitting a seven-month low, with ETH recently falling below $3,000. Over $200 million in liquidations followed, alongside $224 million in ETF outflows. Weekly active addresses dropped to 324,000, the lowest since May. Ethereum price today faces pressure from whale sales of over 28,500 ETH in a short span.
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