Ethereum Faces $2,000 Price Warning as Whales Offload $348 Million in ETH

Ethereum (ETH) could fall to $2,000 as key signals such as whale distribution are pointing to a possible downside move for the second-largest crypto by market cap. At the time of writing, ETH was down 1.37% in the last 24 hours to $2,320 amid a broader market selloff as investors weighed macroeconomic concerns following the Federal Reserve's decision to hold interest rates steady at its October meeting. According to Ali, Ethereum could drop to $2,000, marking a near 14% decline from its current levels.