ETH price is testing the $340 support and it remains at a risk of more losses.
Two unknown ETH whales separately moved 250,908 Ether coins worth about $92.993 million.
Ether price traded at $367.69, with a daily trading volume of $13.9 billion.
The price decline pushed Ethereum's market cap down to about $38 billion.
Ethereum traded at $387.65 with a daily trading volume of $18.9 billion on Friday.
Average Ethereum miner revenue from fees has surged to $800,000 per hour in the past 24 hours,
ETH miners on the network earned a staggering $500,000 in just one hour.
Two unknown ETH whales separately moved 189,735 Ethereum coins worth about $80.88 million.
The second most valuable crypto asset records a trading volume of about $13.88 billion.
Ethereum can be highly profitable and has had a good history of giving its investors huge returns.