Can Ethereum Price Break Below $3k as Exchange Reserves Hit Record Lows?

Ethereum price has fallen below the $3,300 level, reflecting ongoing selling pressure in the market. Over the past 24 hours, ETH dropped by 2%, hovering around at $3,200. This drop contributes to the massive losses of the cryptocurrency, as it fell by 14 % in the past week and 26% in the last 30 days.

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