ETH long-term holders dump 45K Ether per day: Is a price drop to $2.5K next?

Recent trends in the cryptocurrency market indicate significant selling pressure from long-term Ether holders, with approximately 45,000 Ether being sold daily. This selling activity raises concerns about a potential price drop to $2,500, representing a 23% decrease. In a related context, Bitcoin's second-largest whale accumulation has also failed to push its price past $106,000, highlighting a broader trend of long-term holders in the cryptocurrency space impacting market dynamics. The interplay between these selling patterns and potential bullish reversals remains a critical area for investors to monitor.