Ethereum (ETH) Price Likely to Bounce Due to This Key Factor: Report

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Ethereum (ETH) Price Likely to Bounce Due to This Key Factor: Report
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Recent analytics report suggests that price bounce for Ethereum may be coming soon

As reported by U.Today earlier this week, a cofounder of the Ethereum chain and its frontman,This transaction sparked a wave of curiosity and heated discussions within the crypto community. Some believe that this could have been Buterin redistributing his crypto riches to protect them against possible hacks. The second version assumed that Buterin could cash out these $5 million.

@lookonchain tracker of"Smart Money" wallets, who regularly shares data on the transactions they make and how much money they lose or earn, announced that a few hours ago, a whale that had remained dormant for two yearsThis is quite a large amount in fiat, too, since it is worth $10.23 million. Now, Ethereum is changing hands at $1,715 after the recent price fall.

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