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Ethereum Sees $1 Billion Exchange Outflow Alongside Bitcoin: What This Means For Price
- Ethereum witnesses $1 billion outflow from crypto exchanges alongside Bitcoin.
- Investors adopt a holding strategy as the Ethereum price consolidates below $3,200.
- This indicates anticipation of higher prices and movement of holdings into private wallets.
- Ethereum's price is expected to kick off a new uptrend, with a possibility of retesting $3,400 resistance level.
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