Why Ethereum Price is Down?

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Why Ethereum Price is Down?

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Ethereum’s price continued to decline even as staking demand remained strong. More than 3.1 million ETH, worth about $5.45 billion, is currently waiting to enter staking, compared with roughly 49,700 ETH queued for withdrawal. The disconnect matters because staking demand is often viewed as a bullish signal, reducing liquid supply and reflecting long-term commitment from …