ETH Market Under Pressure but Optimism Grows
Pulse of the market
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ETH is down 13% in the past week, hovering around $3,900. Yet whale accumulation continues: 260,000 ETH (~$1.14B) was purchased late August, and one whale recently shifted billions from Bitcoin into Ethereum. Large holders appear to be betting on a rebound despite short-term volatility.
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When big players like Galaxy & BitGo wallets are loading ETH, itβs a strong signal. Retail panic = whale accumulation.

