Ethereum has experienced a 6.6% decline over the past week, trading below its 7-day and 30-day moving averages. This downturn is attributed to significant ETF outflows, with over $1.4 billion withdrawn as institutional investors retreat. Despite the sell-off, large whale addresses have accumulated more than 100,000 ETH, valued at over $1 billion, during the price dip. The cryptocurrency is nearing a critical weekly liquidity zone, prompting analysts to monitor potential price movements closely. Meanwhile, the Ethereum network is gearing up for the Fusaka upgrade, set for December 3, 2025, which could influence future market dynamics.