Ethereum prices are experiencing a significant downturn, raising questions about the future of the second-largest cryptocurrency. A wave of selling from a diverse range of investors, including Galaxy Digital, whales, and even individual retail traders, is contributing to this downward trend. Analysis reveals that major institutions like Galaxy Digital, known for its substantial ETH investments, are actively divesting, potentially impacting prices further. Whale activity has also joined the sell-off, with Ali Martinez reporting large market participants selling over $230 million worth of ETH in just a week. The continued decline is fueled by a lackluster Ethereum ETF approval process in the US, which is resulting in investor withdrawals and negative sentiment. This is compounded by the recent price drop to a two-year low at $1,400. While these sell-offs are causing concern, some analysts remain optimistic about ETH’s potential for future growth. Key support levels are being eyed at $1,528, potentially acting as a buffer against further declines. A failure of this critical support level could send the price plummeting to $1,100. The current uncertainty surrounding Ethereum prices has sparked debate among crypto analysts about its future trajectory.