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eth bulls defending $4200 level against sales pressure?! 📉 institutional whales scoop up $192M worth of eth, signaling rise of ethereum as
yo ETH whales splashing $192 million in the market?? 🐋📈 Is $ETH the new BTC for institutions?? 🤔
Institutional accumulation of Ethereum signals long-term confidence despite short-term volatility: $192 million purchases from whale accounts reflect growing trust in Ethereum as a Treasury
Ethereum faces critical demand levels after a pullback from its recent high at $4,790. The correction pushed ETH to around $4,200, with bulls defending this level. Despite strong momentum, sales pressure is increasing, potentially leading to a deeper correction. 📉
Institutional accumulation remains strong, with two whale accounts purchasing nearly $200 million in Ethereum in the past 24 hours. This trend reflects growing long-term confidence in Ethereum’s prospects amidst short-term market volatility. 🐋
The rise of Ethereum as a Treasury Reserve Asset is becoming a reality, mirroring Bitcoin’s adoption by companies like Microstrategy. Institutional players are now openly adding Ethereum to their balance sheets, signaling accelerated global adoption. 🌐
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