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Why is this Ethereum Whale Accumulating Despite Mounting Selling Pressures?

  • An Ethereum whale, with address '0x5fA,' has withdrawn over 2,774 ETH tokens worth approximately $5.27 million from Binance.
  • Ethereum experienced a 45% drop in the first quarter of 2025, making it one of the worst quarters since 2018.
  • The mentioned Ethereum whale has been withdrawing a total of 16,415 ETH since February, incurring a total loss of over $13 million.
  • Ethereum's price has dropped 1.83% in the last 24 hours and is currently trading at the $1.8K level, facing selling pressures.

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