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Ethereum Whales Move 530,000 ETH as Market Nears Critical Support Zone
A significant movement has been observed in the Ethereum market, with whales transferring a massive 530,000 ETH to various new addresses. This unprecedented transaction raises concerns about the potential future of the asset’s price.
It is crucial to examine this development against the backdrop of recent events. The Ethereum ETFs have experienced outflows of $11.1873 million, indicating that institutional investors are not currently re-entering the market.
Source: https://nulltx.com/ethereum-whales-move-530000-eth-as-market-nears-critical-support-zone/
