Bears Drag Ethereum Below $2,100 Support As ETH Withdrawals Cross $2 Billion

Ethereum has found a lot of resistance after $2,100 as bears are ramping up their activities once more. The digital asset saw a good run last week following the Shapella upgrade given that withdrawals from the Ethereum Beacon contract were not as high as expected. However, the ETH withdrawals have increased over the weekend and the cryptocurrency is experiencing buy pressure that is keeping it below $2,100. Ethereum Withdrawals Cross $2 Billion Last week, the pending Ethereum withdrawals were around $1.6 billion, which worked out to around 3% of the total locked supply. However, the tide has now turned as