Ether Price Drops to $3,331 as Key Support Level Breaks Despite $1.37B Whale Buying

Ether (ETH) experienced a significant price decline, falling to $3,331 as crucial support levels failed to hold. This downward movement occurred despite substantial whale accumulation totaling $1.37 billion, indicating large-scale investors were actively purchasing during the price drop. The market sentiment remains cautious as technical support levels gave way, potentially signaling further volatility ahead for the second-largest cryptocurrency by market capitalization.