@megma95

Ethereum Plunges 34%: Whales Buy the Dip as Mid-Sized Holders Sell Off 🐳 Ethereum tumbled to $1,850 on February 6, suffering its steepest weekly decline since 2022 amid $1–1.2 billion in futures liquidations. While mid-sized wallets holding 100–10,000 ETH have offloaded roughly 3.72 million tokens since August, whales with over 10,000 ETH are actively accumulating. Meanwhile, spot Ethereum ETFs saw $327 million in weekly outflows, though BlackRock and Fidelity stood out as major buyers taking advantage of the dip.

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