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At the time of writing, ETH was up 3.14% in the last 24 hours to $3,131, having previously reached intraday highs of $3,148.reports that 7,000 ETH worth $21,630,557 was transferred from an unknown wallet to Robinhood. This substantial transfer has led to speculations about the motivations and potential impact on the market.The transfer could be a precursor to a larger market play, with investors positioning themselves as the Ethereum ETF decision approaches.
A denial may eventually lead to a lawsuit. Grayscale Investments' August court victory in its fight against the SEC set the stage for the January approval of spot Bitcoin funds.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.
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