<ul data-eligibleForWebStory="true"><li>Ethereum whales have been active recently, potentially driving the recent price decline.</li><li>ETH Whale volumes surged by 55% as large transactions increased significantly.</li><li>The spike in large transactions coincided with the market decline as Ethereum price trended lower.</li><li>Over 2.58 million ETH were moved in large transactions on Sunday, totaling $5.7 billion.</li><li>Large holders dominate 56% of Ethereum holdings, influencing price movements significantly.</li><li>Crypto analyst Rektproof predicts a relief bounce before Ethereum price falls towards new weekly lows.</li><li>The analyst targets a complete fill of CME gaps and expects the price to decline to $1,800.</li></ul>

Ethereum Price Crash Driven By Whales? Large Transaction Volumes Rise 55%

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