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Ethereum Market Trends: Whales Accumulate As ETFs See Record Inflows

  • Ethereum's on-exchange supply ratio has dropped to 2016 levels despite circulating supply growth.
  • Major investors, referred to as 'whales,' are accumulating Ethereum instead of selling.
  • In the past 96 hours, whales have purchased over 280,000 ETH, valued at $1 billion.
  • Ethereum ETFs experienced a record net inflow of $332.9 million on November 29, indicating growing interest and confidence among investors.

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