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Ethereum (ETH) Struggles at $2,400 After Foundation Withdraws $50M from Staking

Blocknomi Published 12.05.2026 06:32

Key Highlights ETH encountered resistance around $2,400 and currently trades beneath $2,350 with short-term bearish momentum. On May 11, the Ethereum Foundation withdrew approximately 21,271 ETH valued at ~$49.66 million…

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