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TronWeekly

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Ethereum Whale Sells 33,585 Staked ETH Institutions Accumulate ETH

  • An Ethereum whale sold 33,585 staked ETH (~$85 million), likely as a strategic portfolio rebalance, not panic selling.
  • The whale still holds around 100,000 ETH (~$260 million), with much still staked, indicating a potential rebalancing of the portfolio rather than a loss of confidence in ETH’s future potential.
  • Mega whale holdings hit a 5-year high, growing 9.31% in nine months, reflecting growing long-term institutional interest in Ethereum.
  • Institutional interest in Ethereum continues to rise with aggressive acquisitions by entities like Cumberland, further reinforcing optimism about Ethereum's future potential.

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