According to reports, ETH whales and institutional investors considered the price dip below $3,000 as a buying opportunity. However, the development hints at a potential sell-off toward $2,700. The report suggests that despite the buying activity, there are underlying factors that could lead to a further decrease in the price of Ethereum. The accumulation by large holders may or may not be sufficient to prevent a deeper correction.

According to reports, ETH whales and institutional investors considered the price dip below $3,000 as a buying opportunity. However, the development hints at a potential sell-off toward $2,700. The report suggests that despite the buying activity, there are underlying factors that could lead to a further decrease in the price of Ethereum. The accumulation by large holders may or may not be sufficient to prevent a deeper correction.