In a striking development, Ethereum’s price rose by nearly 32% in just three days, against the backdrop of 60 million USD exiting ETFs. This growth suggests that ETH’s value is influenced more by spot demand than by institutional flows.
Despite significant outflows, whale activity hints at a complex market scenario, with high-net-worth wallets experiencing losses but maintaining interest in recovery. This indicates a potential resurgence of smart money as Ethereum prepares for further price movement.
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