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Ethereum Whale Loads Up: $422M In ETH Bought In Under a Month
Ethereum has experienced significant volatility in recent days, driven largely by escalating geopolitical tensions in the Middle East. After breaking down from the range that had held since early May, ETH fell sharply to $2,100, triggering widespread concern among investors. The breakdown was largely attributed to the market’s reaction to the US attack on Iranian nuclear facilities, which escalated the conflict between Israel and Iran.
However, markets quickly responded to positive developments. Ethereum rebounded strongly above the
Ethereum has experienced significant volatility in recent days, driven largely by escalating geopolitical tensions in the Middle East. After breaking down from the range that had held since early May, ETH fell sharply to $2,100, triggering widespread concern among investors. The breakdown was largely attributed to the market’s reaction to the US attack on Iranian nuclear facilities, which escalated the conflict between Israel and Iran.
However, markets quickly responded to positive developments. Ethereum rebounded strongly above the