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ETH drops another 5% as Ethereum Foundation keeps selling and Schiff warns of deeper lows

ETH drops another 5% as Ethereum Foundation keeps selling and Schiff warns of deeper lows
AI summary

Ether fell another 5% as the Ethereum Foundation continued selling its holdings, adding supply pressure to an already weak market. Peter Schiff warned that $1,000 may not be ETH's lowest target as the decline accelerates. Traders are watching foundation wallet activity and the $1,000 level as sentiment turns increasingly negative.

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