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Ethereum Holds Near $1,600 as Whale Activity and Stablecoin Data Hint at a Potential Trend Reversal

Blocknomi Published 24.06.2026 22:15

TLDR: Ethereum is trading near $1,600, approximately 21% below its 30-day peak amid sustained market weakness. Two whale wallets withdrew $58.83M in ETH from Kraken and Bitgo, matching prior Bitmine…

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