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Ethereum (ETH) Whales Make $32 Million Move - What's Happening?

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This Ethereum transfer could increase market volatility as investors react to ETH whale activity

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Despite the recent dip, Ethereum’s overall performance has been strong. The 20.86% increase over the last 30 days highlights the cryptocurrency’s upward momentum, driven by several factors, including the broader market recovery, the Overall, the recent transfer of ETH to Coinbase has certainly stirred the waters within the market. While the exact intentions of the whale remain unclear, such large movements are always noteworthy and can significantly impact market dynamics.

 

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