ETHFI Falls 6.9% to $0.646 as Technical Weakness Dominates
- —ETHFI trades at $0.6464, with support at $0.637 and resistance near $0.680
- —Volume of $40.86 million is 24.79% below the 30-day average
- —Ether.fi team moved 3.5 million ETHFI worth ~$2.28 million to address 0xB20
- —Token is 92.39% below its all-time high of $8.49 set in March 2024
Why it matters: The decline on weak volume does not confirm capitulation, but the team's 3.5 million ETHFI transfer warrants watching treasury moves and liquid supply.
Source: DiarioBitcoin