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Ethereum Whales Dump $1.8B in ETH as Price Stalls

  • Wallets holding between 100,000 and 1 million ETH have sold over 1.19 million ETH in the past three days.
  • This indicates a shift in sentiment as Ethereum whales reduce exposure to limit downside.
  • The bearish pressure resulting from these sell-offs has pulled Ethereum's price lower, creating a lack of optimism for near-term recovery.
  • Whale activities and institutional buyers' demand will impact Ethereum's path forward.

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