In a surprising turn of events, Ethereum (ETH), the world’s second-largest cryptocurrency, has experienced a significant drop in its price. Currently trading at $1,663.44, this recent dip has left both investors and traders perplexed.

The crypto market had witnessed a surge in open interest, typically seen as a bullish indicator. It were as if the bulls were gearing up for a rally, especially given Ethereum’s recent impressive performance.&middot

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