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Ethereum Whales Dump 40K Coins, More ETH Price Pain Ahead?

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Summary
Nutrition label

62% Informative

A major ETH whale from Genesis Trading has liquidated 40,000 ETH worth $89.9 million over the past two days .

The unrealized profit ratio for ETH whales has dropped to levels of bear market.

Rising exchange deposits of over 60,000ETH in two weeks signal growing selling pressure.

Analyst Benjamin Cowen highlights similarities between ETH ’s current price action and its 2019 amid Fed tightening.

VR Score

39

Informative language

25

Neutral language

42

Article tone

formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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