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Ethereum ETF Approval Could Spur 60% Rally as ETH Buying Increases .
Buying activity for Ethereum (ETH) increased on both centralized and blockchain-based exchanges.
Holders bought over 100,000 ETH in spot markets on Tuesday, the highest daily level since September 2023.
Open interest on ether-tracked futures reached a record $14 billion, accounting for 67% of bitcoin open interest.
Activity also increased at the Chicago Mercantile Exchange, with ether futures trading reaching a record $2.85 billion.
Traders are showing more exposure to ETH relative to Bitcoin.
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