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Ethereum Whale Deposits 5,000 ETH to Binance After Huge Loss

  • An Ethereum whale deposited 5,000 ETH into Binance after incurring a large loss from previous withdrawal.
  • Despite market volatility, some Ethereum whales increased their long positions.
  • The whale lost $6.62 million overall after withdrawing 5,000 ETH, leaving them with 5,000 ETH valued at $9.51 million.
  • Potential regulatory changes like the Cboe BZX Exchange's proposal for staking in the Fidelity Ethereum ETF may impact the market going forward.

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