Increasing selling pressure in Ethereum continues to hurt many investors. Ethereum (ETH), the second most valuable cryptocurrency in the world by market cap, is currently trading at $1,815. The price, which fell to $ 1,768 in the last 24 hours, caused many addresses holding ETH to suffer. 34 million addresses holding Ethereum are currently at a loss.
The recent decline in cryptocurrencies has increased the number of at loss crypto wallets. ETH, which was priced at $2,880 a month ago, has since lost 38.1%.