May 8, 2025

Ethereum Whale Transactions Surge to $12.1 Billion in a Day as ETH’s Price Dips Post-Spot ETF Launch

1 min read

The much-anticipated launch of spot Ethereum exchange-traded funds (ETFs) has failed to ignite sustained upward momentum for the cryptocurrency, with Ethereum’s price enduring a slight correction since the launch of these funds last week to now trade at $3,300. Despite the price drop, on-chain data paints a complex picture with a surge in large Ethereum

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Source: CryptoGlobe

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