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$35M in Ethereum moved to exchanges: Beginning of a market shift?

AMBCrypto LogoAMBCrypto6d ago

$35M in Ethereum moved to exchanges: Beginning of a market shift? - AMBCrypto

Quick Summary:

Ethereum in dilemma as institutions dumb ETH while whales increase their holdings.

Additionally, Ethereum’s fundamentals remain strong, despite low market sentiment.

This accumulation suggests confidence in Ethereum’s long-term prospects and could counterbalance the short-term selling pressure from institutions.

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$35M in Ethereum moved to exchanges: Beginning of a market shift? - AMBCrypto (Picture 1)$35M in Ethereum moved to exchanges: Beginning of a market shift? - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Lennox Gitonga

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-27 @ 12:00:27 (6 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 558 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 22280593

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 14 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "$35M in Ethereum moved to exchanges: Beginning of a market shift?" has 558 words across 28 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "$35M in Ethereum moved to exchanges: Beginning of a market shift?" was covered 6 days ago by AMBCrypto, a news publisher based in United States.

How trustworthy is 'AMBCrypto' news outlet?

AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 14 news stories per day.

It's most recent story was published 9 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

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  • News ID: #22280593
  • URL: https://beamstart.com/news/35m-in-ethereum-moved-to-17247602098686

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