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Ethereum Faces Selloff Risks As Whales’ Unrealized Profit Hits 2021 Highs

Ethereum could face a choppy path ahead as whales continue to book profits when ETH price moves higher. While the Federal Reserve resumes its interest rate cuts, the latest selloff by whales, Citigroup’s bearish outlook, and outflows from spot Ethereum ETFs signal significant headwinds towards $5,000. Ethereum Whales On-chain Data Sparks Concerns CryptoQuant on September

The post Ethereum Faces Selloff Risks As Whales’ Unrealized Profit Hits 2021 Highs appeared first on CoinGape.

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