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🚨 Breaking News: The SEC has approved multiple spot Ethereum ETFs! This landmark decision is a major victory for the crypto industry and is expected to have significant implications for the market. #sec #ETHETFsApproved #FIT21 $ETH

🚨 Breaking News:

The SEC has approved multiple spot Ethereum ETFs! This landmark decision is a major victory for the crypto industry and is expected to have significant implications for the market.

#sec #ETHETFsApproved #FIT21 $ETH

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What Do Reactivated Ethereum Whales Indicate? Recently, Onchaindata reported a significant transaction involving Ethereum (ETH). A whale withdrew approximately 1,600 ETH worth $6.2 million from Bybit and Cooper accounts, indicating increased activity among Ethereum whales. This notable movement was followed by a second transaction involving 740,000 ETH. These significant transfers have caught the attention of the crypto community. ETH Whales Driving Price Movement In the past few hours, Fasanara Capital, a UK-based investment fund, has been notably active. The fund executed a large transaction, transferring over 1,600 ETH worth more than $6.2 million from Bybit and Cooper. Following this transaction, Fasanara Capital holds around 5,383 ETH worth approximately $20.16 million in their wallets. Another significant move involved the Ethereum Foundation, which transferred 200 ETH worth $740,000 to Kraken from an address associated with 0x9d2…C43B1. This address had been inactive for six years after initially receiving 2,000 ETH from the Ethereum Foundation in 2015 and was reactivated for the first time since April 28. It currently holds 1,029 ETH. These transactions have sparked speculation about the potential impact of whales on the recent price surge of ETH. The broader crypto bull market and the buzz surrounding the Ethereum ETF approval have also contributed to the rally, pushing ETH above $3,700. ETH Price Jumps Over 2% Ethereum's (ETH) price has surged significantly, reaching $3,754.99 today. This represents a 1.56% price increase in the last 24 hours and a notable 19.50% rise over the past seven days. Ethereum's 24-hour trading volume is $13.9 billion, resulting in a market capitalization of $451 billion with a circulating supply of 120 million ETH. #eth #ETHETFsApproved #btc70k $ETH
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