Over the past week, approximately $380 million worth of $ETH has been withdrawn from centralized exchanges, indicating a significant accumulation trend among investors. This movement suggests that holders are moving their assets to private wallets, potentially signaling confidence in $ETH long term value.


Despite $ETH trading below the $2,000 resistance level, this accumulation could reduce selling pressure and set the stage for a potential price rebound. Investors are closely watching to see if #Ethereum can break through this critical barrier, which may pave the way for further gains.

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May 03, 2025 at 8:59 PM
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