Traders have witnessed Ethereum (ETH) absorb punishing swings, plunging below $4,000 to hover near $3,847 after October’s brutal sell-off liquidated positions and sapped upward drive. This retreat shattered summer advances, positioning ETH under its 50-day and 100-day moving averages in a clear nod to near-term frailty.
Yet, as volatility grips the crypto market, institutions like Bitmine seize the chaos, snapping up 44,036 ETH for $166 million to swell holdings to
