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Ethereum (ETH) Soars on $1.73B Whale Buys as Exchange Balances Hit 9-Year Low

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The Story

News Summary

  • Large wallets bought 431,018 ETH (~$1.73B), exchange ETH balances plunged to nine-year lows, ETFs recorded ~$800M outflows, and ETH traded near $4,000 with heightened volatility and margin risk around $3,700.
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