But the traded volume is still pretty high. It could be that Poloniex are splittng their wallets, or moving them into trezors or cold storage.
I do thing the main pump phase of the ETH rise is over, the next phase will be interesting, I expect some of the lesser Alts will shrink and die, I am not sad about that!
The pump has finished. The price of Ethereum is in the consolidation phase. If there is big good news, the price could go up.