Ethereum ETF outflows
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Ethereum Tanks 20%—Can It Bounce Back from the Brink?
- December 20, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
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Ethereum (ETH), the second-largest cryptocurrency by market cap, has experienced a significant downturn, shedding over 20% in value within the past week. This decline, marked by intensified sell-offs and market corrections, has pushed ETH’s price below the crucial $3,500 support level, sparking concerns about further declines. Whale Activity Fuels Market Volatility Recent blockchain data reveals
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Whales Awaken and ETFs Flee: Ethereum’s Struggle to Hold the Line at $2,600
- August 27, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
Ethereum, the world’s second-largest cryptocurrency, has recently seen its price drop to $2,600, reflecting growing concerns among investors. This decline comes amid a significant outflow from Ethereum ETFs, geopolitical tensions, and renewed whale activity, which have collectively put downward pressure on the market. ETF Outflows Signal Weakening Confidence In the past few weeks, Ethereum exchange-traded
