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no one’s talking about this 2.16 mln ETH countdown stade on Ethereum 🚨 – is the market about to tank?! investors
broooooo, 2.16 MLN ETH about to get yeeted into the void, market gonna tank 📉💀! is
Problem: Ethereum faces potential sales pressure due to the impending destruction of 2.16 million ETH, potentially leading to a decrease in demand and a subsequent
Main to remember 📌
Why is Ethereum faced with potential sales pressure? About 2.16 million ETH (worth 8.89 billion dollars) should be destroyed, potentially overwhelming market demand and pushing ETH prices down. Will ETH hold over $4,000 amid lowering sentiment? With ETH withdrawals surging, risks increase unless buyer sentiment improves. Market data suggests Ethereum may dip below $4,000 due to increasing institutional selling pressure. Investors are shifting positions, with significant ETH leaving exchanges, possibly impacting market value.
2.16 MLN Countdown Stade Ethereum: what it means for the market
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