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Ethereum whales buy $19 mln in ETH – Bullish sign? Ambcrypto 02 Sep 2024

Ethereum whales buy $19 mln in ETH – Bullish sign? 💰

Two Ethereum whales borrowed stablecoins from the decentralized lending platform Aave. They used these borrowed stablecoins to purchase a significant amount of Ethereum, specifically 7,767 ETH, which is worth $19.22 million.

This large purchase by whales could be seen as a bullish indicator within the Ethereum market, potentially signaling confidence in Ethereum's future price movements.

Source: ambcrypto.com ↗

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