Ethereum Surges 15% in a Week Despite Whale Sell-off

Ethereum Surges 15% in a Week Despite Whale Sell-off

Ethereum has seen a robust price surge over the past week, despite significant sell-offs from large holders, commonly referred to as "whales." On-chain data from IntoTheBlock reveals a sharp decline in whale activity, with net flows decreasing from 85,650 ETH in inflows on September 19 to 6,420 in outflows by September 23. Ethereum’s price experienced a recovery from $2,300 to $2,400 on September 19, with most of the upward momentum driven by...

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