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Biggest ETH outflow since 2022 signals potential Ethereum price bottom at $1.8B

  • Ethereum experienced the highest weekly outflow of $1.8 billion since December 2022, signaling a potential price bottom.
  • Many holders see this as a strategic buying opportunity, with low MVRV ratio indicating undervaluation.
  • Ether's price is currently near $2,000, with technical analysis suggesting a possible rise to $2,600.
  • However, Ethereum's failure to bounce back above the 200-week EMA level could lead to further price decline.

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