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ETHUSD Accumulation Signals: Institutional Whales Withdrawing Millions Despite Price Slump

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The Story

News Summary

  • Despite technical bearishness and price struggles below $1,700, large institutional players are withdrawing significant ETH from exchanges into private custody.
  • This behavior, alongside ongoing accumulation strategies, suggests strong long-term conviction from 'whales' despite current unrealized losses, pointing to potential structural support beneath the prevailing market apathy.
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Stored market data

ETHUSD price history

2488.06 +25.48% over the displayed period

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