Ethereum network applications' total deposits in ETH. Source | Btc_helpinghands on Binance Square

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Ethereum network applications' total deposits in ETH. Source: DefiLlamaWeekly DEX volume by chain.#Ethereum

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ETH

2,890.31

+0.81%

853

0

Replies 0

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CoinMarketCap indicated that ETH was one of the cryptos trading in the green heading into the weekend.

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The fact that whales continue to gather more ETH underscores their belief in the value and future prospects of the cryptocurrency.

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the presence of these large holders suggests potential market confidence and long-term investment strategies within the Ethereum ecosystem.

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This rise indicates a growing trend of accumulation among addresses holding over 0.1% of the total Ethereum supply.

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Garlinghouse believes a favorable verdict will go a long way in fostering regulation and transparency in the crypto industry.

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