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According to monitoring by ai_9684xtpa, Ethereum has seen a record level of active selling in the past three months. A certain whale cleared out 6777 ETH (12.8 million USD) within the past 24 hours, suffering a loss of about 1.01 million USD. This whale withdrew ETH from CEX at an average price of 2038 USD between August 2023 and September 2024 through two addresses, and recharged the last 3777 ETH into CEX two hours ago. If sold, it will be completely cleared out.

Russell Investments' North American Chief Investment Strategist, Paul Eitelman, stated that due to the robust U.S. economy, it is unlikely that the Federal Reserve will cut interest rates before May or June. "We believe that amidst extreme policy uncertainty faced by households, businesses, investors and the Fed itself, the U.S. economic foundation remains solid." The Chairman of the Federal Reserve Jerome Powell has clearly indicated that he will wait for more definitive information before cutting rates again,"This sets up a potential rate cut in May or June." Eitelman said macro fundamentals show resilient economic growth and slowing inflation which supports a basic scenario of two to three rate cuts later this year.