A buy wall consisting of 67,000 ETH, valued at nearly 129.3 million USD, is situated below the current price of Ethereum, which is trading at 1,971 USD. This indicates possible support in the price movement.
ETH has recently experienced a daily increase of 1.79% and a weekly rise of 7.94%. Inflows of 117 million USD into Ethereum funds signal a reversal in outflows, implying renewed trader interest in ETH.
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