Ethereum OI Suffers Its Biggest Cleanup Since Early 2024 – Details

Ethereum has fallen below the $4,000 level for the first time since early August, marking a significant shift in market sentiment. After weeks of strong performance, ETH has now lost nearly 20% of its value since September 13, leaving many traders concerned about the next move. The broader market correction has fueled uncertainty, but some analysts argue this is a necessary reset that could prepare the ground for renewed growth. Related Reading: 11 Wallets Receive 295,861 Ethereum ($1 source: https://www.newsbtc.com/news/ethereum/ethereum-oi-suffers-its-biggest-cleanup-since-early-2024-details/