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Net inflow of 62,000 ETH, or about $231 million, to exchanges this week
Bitget2024/05/22 17:04
The market is expected to be volatile as traders flood exchanges with $231 million (62,000 pieces) of ethereum (ETH) in anticipation of ETFs. Analysts said the influx of large amounts of ETH into exchanges could cause an increase in selling pressure, which could lead to a sharp rise in prices. Sentiment in the market is currently high, with investors optimistic about the upcoming Ether ETF, driving recent flows and market activity.
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