Ethereum traded at $2,181 on April 9, just 0.5% above $2,168, while the Ethereum Foundation, spot ETF holders, and whales all reduced exposure. The Ethereum Foundation said it would convert 5,000 ETH into stablecoins, and Lookonchain said 3,750 ETH worth $8.3 million had already been sold. US spot ETH ETF flows swung from a 38,769 ETH inflow on April 6 to a 24,311 ETH outflow on April 7, while Santiment data showed whale holdings outside exchanges edged down to 122.93 million ETH.