Ethereum’s rally stalls near $2.58K as holders take profits
After a strong bullish reversal, Ethereum’s momentum appears to be cooling amid massive profit-taking from holders. Ethereum (ETH) is trading at $2,438 as of press time, down 3.5% in the past 24 hours after a strong 34% rally over the past week. Open interest has decreased by 2%, as per Coinglass data, indicating a reduction…


