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This week's MCP News highlights key events shaping the crypto market. Notably, Ethereum is vanishing from exchanges, which could indicate a supply crunch. Meanwhile, a 14-year dormant wallet moved 40,009 BTC, sparking speculation about potential sell pressure.
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The market also saw significant developments, including Bitcoin smashing through $113,000 and Ripple's RLUSD stablecoin adoption by a custodian. Additionally, USDT support will end on multiple platforms by September 1, which may impact users. These updates reflect the dynamic nature of the crypto space.
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