Bitmine acquired 41,788 $ETH last week. They report that non-fundamental factors including the effects of the 10/10 crash and liquidity being sucked into the metals markets are the reasons for ETH's recent weakness.
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WHALE CAPITULATION? The insider whale has started to close small amounts of his massive $ETH long. However, they are still long $614M of ETH, $88M of BTC, and $63M of SOL.
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The coinbase $BTC discount has been steadily widening over the past week. When will these US-based entities stop dumping?
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