According to Myriad, this prediction market platform states that on Wednesday, Ethereum traders are increasingly leaning bearish, with 63% betting on a price decline and a 63% chance of dropping to $1,500 — up 13% from last week. ETH was trading near $2,057 at the time, down 0.8% over 24 hours, with a decline of over 10% in nearly a month.

ETH-1.56%
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