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Whales Increase Holdings of Ethereum amid Continuous ETF Redemptions

Large-scale Ethereum investors and entities, often referred to as "whales," are stepping up their buying activities, contrary to the trend of net outflows seen in Ethereum spot ETFs.

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Whales Increase Holdings of Ethereum amid Continuous ETF Redemptions

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Despite a trend of net withdrawals from Ethereum spot ETFs, substantial buyers - more specifically, 'whales' or those possessing substantial Ethereum - have been aggressively buying up the crypto asset, as revealed by on-chain activity.

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