Ethereum Takes a Hit as Whale Activity Fuels Market Decline

The Ethereum (ETH) market has experienced continued decline, shedding over 5% of its value since March 28th, 2025, despite marginal recovery in the broader crypto market. This slide follows the significant offloading of ETH by large investors known as whales, who are seemingly positioning for a potential downturn. On-chain data suggests an increase in activity from these high-net-worth individuals as their wallets become active again after extended periods of inactivity.