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COINOTAG News, citing LookIntoChain data, notes that the market’s downturn hasn’t deterred ETH whales from scaling exposure. A new wallet starting with 0x392a withdrew 10,050 ETH from Kraken, approximately $34.38 million.
A second address, 0xa235, potentially linked to BitMine, purchased 24,007 ETH through Galaxy Digital OTC about six hours ago, totaling around $82.13 million.
In the last 48 hours, the institutional trader that previously shorted 66,000 ETH has added 163,680 ETH, about $582 million, indicating a tilt toward net long exposure amid liquidity shifts.
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