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Ethereum Sees Explosive Momentum As Whales Inject $4.82 Million

  • Whales injected $4.82 million in Ethereum, signaling a surge in institutional buying activity.
  • Ethereum's daily transactions reached 1.75 million, driven by DeFi and Layer 2 network activity.
  • Positive Binance funding rates suggest leveraged long positions, increasing volatility risks.
  • Security reservations exist despite positive on-chain signals, with potential risks of rapid price corrections.

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