Ethereum turns deflationary for the first time since the Merge — ETH price still risks 50% drop 
A bearish technical setup and a declining number of Ethereum whales pose downside risks for its prices.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Ethereum turns deflationary for the first time since the Merge — ETH price still risks 50% drop 

### Response: A bearish technical setup and a declining number of Ethereum whales pose downside risks for its prices.