BEARISH 📉 : Ethereum tumbles below $2,000 amid heavy sell pressure

Ethereum's value has dropped by over 36% in February, struggling to maintain its price above $2,000.
On February 27th, Ethereum's price fell by more than 5%, reaching just above $1,900.
A rise in the Taker Sell Volume across exchanges indicates strong selling pressure, leading to the decline in ETH prices.
The Taker Sell Volume for Ethereum reached up to 105 million ETH on February 27th.
As of now, Ethereum is priced around $1,925, having declined over 5% in the past 24 hours and nearly 2% over the past week.
US-based Ethereum ETFs have seen significant outflows, with investors withdrawing 563,600 ETH (around $1.13 billion) over five weeks.
Investor sentiment needs to improve for a potential bullish reversal in Ethereum's price.